Will Oracle’s Partnership With TikTok Ensure Its Future?

E-commerce expert and founding partner of RMG Media Ryan Gellis on how TikTok has selected Oracle over Microsoft to be their corporate partner in the US.Q2 2020 hedge fund letters, conferences and moreOracle-TikTok PartnershipA source within Microsoft told the NY Times yesterday that TikTok has chosen Oracle for its US operations over Microsoft’s offer. TikTok’s popularity has been rising rapidly in the last two years. Parent company ByteDance, founded in 2012, has raised billions of dollars in funding reaching a valuation of $100 billion according to PitchBook.Oracle, much like Microsoft, is …

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