'We have a buyer': TikTok will be purchased by 'very wealthy people', says Trump
US President Donald Trump said in an interview broadcast on Sunday that he had found a buyer for TikTok, a group of "very wealthy people" whom he will reveal in about two weeks.
Trump made the remarks in an interview on Fox News Channel's "Sunday Morning Futures with Maria Bartiromo".
Earlier this month, Trump extended to September 17 a deadline for the China-based ByteDance to divest the US assets of TikTok despite a law that mandated a sale or shutdown without significant progress.
The Republican president had earlier twice granted a reprieve from federal enforcement of a law that mandated the sale or shutdown of TikTok which was supposed to take effect in January, absent significant progress toward a sale.
Trump has said he wants to keep the app, which helped him woo young voters in the 2024 presidential election, active in the US.
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