Walmart is considering buying TikTok, the Chinese-owned app and social media platform.
While it may not seem to make sense at first, the idea is part of Walmart’s restructuring as a more digital-oriented enterprise.
Walmart is by far the America’s largest retail chain, with more stores selling more stuff than anyone else – revenue for 2017 was more than $500 billion. The second largest, Costco, generated $130 billion in the same year, while Amazon’s were almost $120 billion. [Read more…] about Walmart considers buying TikTok in bid to tackle Amazon’s advertising dominance