TikTok says it has not received a bid from Centricus and Triller

Investment firm Centricus Asset Management Ltd and social media app Triller Inc have not submitted an offer for the TikTok assets that China’s ByteDance is seeking to a divest, a spokesman for the short video app said on Friday.

Bloomberg News reported earlier on Friday, citing a person familiar with the matter, that Centricus, which is seeking to partner with Triller and other investors, submitted a $20 billion (15.14 billion pounds) bid to ByteDance for TikTok’s assets in the United States, Australia, New Zealand and India.

TikTok spokesman said Centricus and Triller had not contacted the company about an offer. Centricus and Triller could not be immediately reached for comment.