Frank McCourt announced on Monday that Alexis Ohanian, the co-founder of Reddit and a venture capitalist, has joined his bid to acquire TikTok's U.S. operations as a strategic adviser specializing in social media.

Reddit co-founder and investor Alexis Ohanian has joined billionaire Frank McCourt’s bid to acquire TikTok as a strategic adviser specializing in social media, Reuters reports. “He has that broad portfolio of experience

Reddit co-founder Alexis Ohanian has joined billionaire Frank McCourt’s consortium, “The People’s Bid for TikTok,” as a strategic adviser.

Reddit co-founder Alexis Ohanian has joined a bid led by real estate mogul Frank McCourt to buy TikTok and stave off a US ban, becoming the latest big industry name to covet a slice of the Chinese-owned social media phenom.

Venture capitalist and Reddit co-founder Alexis Ohanian has joined billionaire Frank McCourt’s bid to take over TikTok's US operations.

Days after joining Frank McCourt’s bid for TikTok’s U.S. operations, Alexis Ohanian has teamed up with Digg’s original founder to repurchase the social media site. Ohanian may be looking to rival reddit,

According to a report from Reuters, Olympique de Marseille owner Frank McCourt has announced that he is teaming up with Reddit co-founder Alexis Ohanian in a bid to acquire TikTok’s US operations.

"TikTok has been a game-changer for creators, and it's future should be built by them," Ohanian wrote in an X post.

The bidding on TikTok just got fiercer. Reddit co-founder Alexis Ohanian is tossing his hat into the ring by joining Frank McCourt, former Los Angeles Dodgers owner, in his bid to acquire TikTok. According to McCourt, “He has that broad portfolio of experience … of where social media was and, I think, a keen understanding of where it’s evolving.”

TikTok experienced a brief outage, raising concerns about its future in the United States. Amidst these uncertainties, President Donald Trump vowed to revive the app, pledging his support to ensure its continued operation.