TikTok is constructing a brand new model of its app for customers in the US forward of a deliberate sale of the app to a gaggle of buyers, The Data reported on Sunday, citing unnamed sources.
This comes as U.S. President Donald Trump mentioned on Friday he’ll begin speaking to China on Monday or Tuesday a few potential TikTok deal.
He mentioned the US “just about” has a deal on the sale of the TikTok short-video app.
TikTok has developed a plan to launch the brand new app to U.S. app shops on September 5, the report mentioned.
Final month, Trump prolonged to September 17 a deadline for China-based ByteDance to divest the U.S. belongings of TikTok.
The report added that TikTok customers will ultimately must obtain the brand new app to have the ability to proceed utilizing the service, though the present app will work till March of subsequent yr, although the timeline may change.
TikTok didn’t instantly reply to a Reuters request for remark. Reuters couldn’t instantly affirm the report.
A deal had been within the works earlier this yr to spin off TikTok’s U.S. operations into a brand new U.S.-based agency, majority-owned and operated by U.S. buyers. That was placed on maintain after China indicated it will not approve it following Trump’s bulletins of steep tariffs on Chinese language items.
Trump mentioned the US will most likely must get a deal authorized by China.
—Mrinmay Dey, Reuters
