4.6 • 1.3K Ratings
🗓️ 10 April 2025
⏱️ 20 minutes
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0:00.0 | You saw the bidders of TikTok, some of them came out and it was public. |
0:05.0 | I didn't see that. |
0:06.0 | Yeah, so a lot of reasons why people are bidding for TikTok is for distribution. |
0:11.0 | They have a massive platform and it's just growing, at least in the United States. |
0:16.0 | I know TikTok globally from all the countries I've been to that it's allowed in like India, it's banned. |
0:23.1 | But for the countries that it's allowed, it's been growing. |
0:25.5 | And Apple Oven made a bid for TikTok. |
0:26.7 | Amazon made it. |
0:28.6 | And people like, oh, Amazon put it last minute. |
0:29.6 | I don't know how serious they are. |
0:31.5 | I actually think Amazon's dead serious. |
0:36.7 | And the reason being is if it's perfectly in their business model, it's a new way to do commerce. |
0:37.7 | Yes. |
0:39.9 | It's a great way to do commerce. |
0:45.2 | Why wouldn't Amazon want to own a social platform where it just connects shopping and discovery together? |
0:46.5 | Amazon.com is not the platform for social discovery. |
0:49.2 | And I think in China they do do the one click buys, if I'm not mistaken. |
0:53.2 | Yeah. |
0:53.4 | And social discovery or social |
0:55.3 | commerce is expected to grow to six trillion dollars by 2030 so you look at app loving you look at |
1:02.0 | amazon Oracle which was a bitter from the previous time I think Oracle was partnered up with |
1:06.6 | Walmart at that time Blackstone which makes sense you sense, you know, big private equity shop. |
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