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.

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.

Ohanian cofounded Reddit in 2005, giving him a valuable perspective on operating social media platforms that could help inform Frank McCourt's bid to acquire TikTok. - Ryan Duffin for ADWEEK Reddit cofounder and Seven Seven Six partner Alexis Ohanian has joined billionaire Frank McCourt's bid to acquire TikTok,