President Donald Trump of the United States on Sunday said that his administration was in touch with four different groups about the sale of Chinese-owned social media platform, TikTok, stating that all options were good.
It was gathered that TikTok’s fate has been up in the air since a law requiring its owner ByteDance to either sell it on national security grounds or face a ban took effect on January 19.
After taking office on January 20, Trump signed an executive order seeking to delay by 75 days the enforcement of the law.
When asked if there was going to soon be a deal on TikTok, Trump told reporters aboard the Air Force One that it could.
“We’re dealing with four different groups, and a lot of people want it … all four are good,” he said.
TikTok and ByteDance have not immediately given any comment on the development.
The turmoil at TikTok has reportedly attracted several potential buyers, including former Los Angeles Dodgers owner Frank McCourt, who have expressed interest in the fast-growing business analysts estimate could be worth as much as $50 billion.
US talking to four different groups on sale of TikTok – Trump
