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Could a Walmart-Microsoft Owned TikTok Spur Social Shopping in the US?

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Walmart is getting in on Microsoft’s bid to acquire TikTok from Chinese technology company ByteDance, a company spokesperson confirmed to Sourcing Journal. TikTok is nearing an agreement to sell its U.S., Canadian, Australian and New Zealand operations in a deal to a suit that would likely be in the $20 billion to $30 billion range,…

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