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

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."

U.S. President Donald Trump has stated that a buyer has been identified for the U.S. operations of TikTok, the popular short-video app owned by China's ByteDance.