Trump says he has a TikTok buyer. Here are the players who have been vying to buy the app

After months of speculation and multiple bids from would-be American buyers, TikTok may finally be getting a new owner.

President Donald Trump teased over the weekend that there is a buyer for TikTok, whom he will announce in two weeks, which could secure the app’s long-term future in the United States.

“We have a buyer for TikTok, by the way. I think I’ll need probably China approval, and I think President Xi will probably do it,” President Donald Trump said on Fox News’ “Sunday Morning Futures with Maria Bartiromo.” He added: “It’s a group of very wealthy people.”

TikTok’s parent company ByteDance is on the clock to spin off the popular short-form video app’s US operations by September 17 or face a ban in the United States. Trump has repeatedly delayed enforcement of the TikTok sale-or-ban law signed by then-President Joe Biden last year — which was originally set to go into effect in January — in hopes of making a deal for an American owner to acquire the app.

The app is used by about 170 million Americans to find news, entertainment, community and, in some cases, to make a living.