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TikTok to partner with Walmart in e-commerce: Caixin

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TikTok is reportedly planning to partner with Walmart in e-commerce, according to Caixin. Yahoo Finance's Adam Shapiro discusses.

Video Transcript

ADAM SHAPIRO: And want to let everybody know too that there's more on the TikTok story now. We have not been able to confirm this yet with Walmart, but TikTok's cooperation with several companies such as Oracle, should that deal be approved, apparently, there are sources citing ByteDance executives that Walmart, Walmart may actually partner with TikTok in some kind of e-commerce. So we're going to keep on that.