AppLovin CEO Adam Foroughi shared details about the company’s bid to acquire TikTok. He described the proposal as competitive and said it involves merging AppLovin with TikTok’s global operations.

The plan would let AppLovin manage the app, while TikTok’s Chinese investors retain a stake in its success.

Foroughi also noted that combining AppLovin’s algorithm with TikTok’s user base could boost monetization.

The announcement follows President Donald Trump’s decision to extend ByteDance’s deadline to divest its US subsidiary, now set for June.

AppLovin is one of several US-based companies bidding for TikTok, alongside Amazon, Oracle, and private equity firms.

Some proposals include partial ownership. Any deal for TikTok’s non-China operations would need approval from the Chinese government.

According to a US SEC filing, AppLovin’s bid is still in early stages.

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