'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".

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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.

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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.