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Applovin can offer TikTok 'much stronger bid than others,' CEO says

1. AppLovin bids to acquire TikTok, claiming a stronger offer than others. 2. Deal characterized as partnership, leveraging AppLovin's AI for ad expansion. 3. New deadline for TikTok sale extended to June; more time for negotiations. 4. AppLovin faces competition from major firms like Amazon and Oracle. 5. Chinese government approval required for any deal to proceed.

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FAQ

Why Bullish?

AppLovin's enhanced offer for TikTok could significantly boost its market position.

How important is it?

The potential acquisition is critical for AppLovin's growth strategy in a competitive market.

Why Long Term?

If the deal goes through, it could provide sustained revenue growth long-term.

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