APP: AppLovin CEO explains why his proposal for TikTok is better than rival bids

AppLovin Corp (NASDAQ: APP) chief executive Adam Foroughi says the ad-tech company's proposal to acquire TikTok is significantly stronger than the competing bids. While others are primarily interested in TikTok US only, AppLovin is eyeing a merger with global operations of the social platform, which effectively makes it a "partnership" that stands to benefit Chinese [...]