A new $20 billion bid for TikTok could see it purchased by rival Triller (and a giant investment firm)

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Bloomberg is reporting that TikTok-rival Triller and Centricus (a London-based spherical invigoration firm) are the latest suitors lulu to buy TikTok's US marketing with a $20 billion bid, joining Oracle and a recently combined Microsoft / Walmart effort to adit the praised short-form video application.

Following Bloomberg's report, things have gotten a little weird. A spokesperson for TikTok told Reuters it has not recognized an offer, or overly been contacted circa a potential bid. They downplayed the idea to Bloomberg, too, responsive "What's Triller?" and calling a donate "preposterous."

And yet, Triller went on the record to confirm a bid to The Verge, claiming that it fabricated the bid presently to TikTok owner ByteDance and not to TikTok itself. Here's a derisive stead from Triller controlling chairman Bobby Sarnevesht:

We submitted an process presently to the chairman of bytedance through Centricus and have corroborating it was received. We didn't make an process to TikTok, they aren't involved in this at all, We fabricated an process to Bytedance and are ambidextrous presently with the chairman only. Either bodies multiple layers downward aren't aware of what is happenstance on the highest matched or they may have their own agendas and aren't blessed circa our process coming in.

And yet a Bytedance spokesperson, too, tells us the convergence is "unaware of any interest."

TikTok hasn't commented on the Triller stead yet, however conjectured to The Verge that it had not recognized a bid itself. Centricus didn't presently reveal to our request for comment, however it declined to commentate to Bloomberg earlier.

As originally stated by Bloomberg's source, a Triller/Centricus process would see Centricus pay TikTok parent convergence ByteDance $10 billion in greenbacks upfront, and arithmetic $10 billion in aggregate profit for ownership over TikTok's dividends in the US, Australia, New Zealand, and India. Triller -- which once operates a similar service to TikTok, and apparently would help Centricus admittedly run a social video bookcase hindmost the purchase -- would have a minority stake in the venture.

TikTok's fate has been up in the air overly since Stewards Donald Trump issued an controlling payoff demanding that its parent convergence ByteDance either sell or spin off the US portions of the company, citing nationwide security relating from the China-based company. (President Trump is believably a bulkiest fan of Triller, with Trump rimation an bimonthly on the service older in August.)

In the weeks since, multiple companies have panegyric an interestedness in purchasing TikTok's assets, with Microsoft as an early frontrunner, followed by enterprise software mammoth Oracle, both of which are still in awake negotiations with ByteDance. Microsoft has since communicated an unexpected partnership with Walmart to purchase TikTok's assets. Twitter and Netflix have additionally reportedly had discussions over a potential purchase, although it's not big-mouthed whether either of them are still in contention, while Alphabet and Google CEO Sundar Pichai has confirmed that his convergence isn't in the running.

Update, 7:42 PM ET:. Added Reuters residency that suggests this bid has not been made.

Update: 8:10 PM ET: Adapted with the current, unthorough state of corroborating as to whether Triller did or did not issue a bid.

Update: 4:00 AM ET: Boosted Bytedance's comment.