Reuters shares a snippet of a video taken during Trump's recent interview on the Fox News program "Sunday Morning Futures with Maria Bartiromo". "We have a buyer for TikTok, by the way," Trump says in the video, adding "I think I'll need probably China's approval. I think President Xi will probably do it."

After receiving its third extension, TikTok avoided getting banned in the US just a couple of weeks ago. Now, TikTok may have finally found a suitable buyer who can oversee its operations in the country and keep the platform afloat going forward, according to US President President Trump.

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