According to a recent report by The New York Times, Amazon has made a bid to acquire TikTok in its entirety. This last-minute offer comes as the video-sharing platform faces a looming April 5 deadline to divest its Chinese ownership or risk being banned in the United States. Nevertheless, it appears that the parties involved in the deal negotiations are not taking Amazon’s bid seriously, as stated in The Times’ report.

A meeting is scheduled to take place on Wednesday between President Donald Trump and officials to discuss the app’s future. Earlier this week, Trump expressed confidence that a deal would be reached between TikTok’s parent company, ByteDance, and interested parties before the April 5 deadline, resulting in the sale of the app. He stated that a deal with ByteDance would be finalized prior to the deadline.

On Tuesday, a report by the Financial Times revealed that Andreessen Horowitz is engaged in discussions to invest in TikTok as part of a bid led by Oracle, which also involves other American investors interested in acquiring the app.

Last week, Reuters reported that the private equity firm Blackstone is considering joining forces with ByteDance’s current non-Chinese shareholders, including Susquehanna International Group and General Atlantic, to provide fresh capital for a bid to acquire TikTok’s operations in the United States.