The prospective buyer of TikTok’s American operations cited by President Donald Trump is the same investor consortium including Oracle Corp., Blackstone Inc. and venture capital firm Andreessen Horowitz,

President Donald Trump claims that he's secured a buyer for TikTok, which would keep the popular video sharing app available to U.S. users. Even so, there's still further work to do before any potential sale is finalised.

President Donald Trump said he has identified a buyer for the US operations of TikTok, the social media app owned by Chinese company ByteDance Ltd., without naming the winning bidder.