Billionaire Kevin O'Leary aiming to buy TikTok at 90% discount

Shark Tank US judge and Canadian businessman Kevin O'Leary is putting together a group to buy TikTok. O'Leary aims to start bidding from $20 billion, marking around 90% cut from the company's $220-billion valuation. Speaking about the valuation cut, he said it was as they have to "steward" to transform the platform from "TikTok China to TikTok US".