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 Alexis Ohanian announced Monday that he is joining a US bid to buy TikTok, becoming a strategic advisor to the effort. Ohanian said he would join an initiative called "The People's Bid for TikTok,

Reddit cofounder Alexis Ohanian has joined up with Frank McCourt and “Shark Tank” star Kevin O’Leary on their bid to acquire TikTok from its Chinese parent company ByteDance, the group announced