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 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

Billionaire Frank McCourt said Reddit (NYSE:RDDT) co-founder Alexis Ohanian has joined his bid to buy TikTok U.S. He will be a strategic adviser specializing in social media, Reuters reported Monday.