A new version of the TikTok app is under process for US users ahead of sale to investors

TikTok is reportedly planning to launch a new version of the app for US users. The Information reported the news on Sunday, July 6, 2025, citing anonymous insiders. For the unversed, the social media platform was facing a ban earlier this year after its parent company, Bytedance, refused to sell the app to American investors.

On January 18, 2025, TikTok was briefly unavailable before President Donald Trump signed an executive order on his first day in office, which allowed the app to resume its services in the US. The ban was temporarily lifted on January 19, 2025.

Since then, the President has twice delayed the ban on the app. Last month, Trump delayed the ban on the app for the third time. TikTok must sell the app to an American buyer by September 17, 2025, otherwise it will be banned. The app would reportedly shut down in March 2026.

On June 29, 2025, Donald Trump stated in an interview with Fox News that some "wealthy buyers" are reportedly interested in the social media app, and he has yet to discuss the matter with China's President, Xi Jinping.

 

 

 

 

View this post on Instagram

 

 

 

 

 

 

 

 

 

 

 

A post shared by President Donald J. Trump (@realdonaldtrump)

Trump also said that he would reveal the identities of the buyers later. On July 4, 2025, Trump told reporters that he would discuss the sale of the Chinese app with Xi Jinping.

"I think we're gonna start Monday or Tuesday, talking to China, perhaps President Xi or one of his representatives, but we would, we pretty much have a deal," the President stated.

The President shared that he was not confident about the deal; however, he assured the reporters that the sale is a good deal for both countries.

"I'm not confident, but I think so. President Xi and I have a great relationship, and I think it's good for them. I think the deal is good for China, and it's good for us," Donald Trump stated.

In 2023, the Chinese government stated they were against the sale of TikTok

For the past couple of years, the app has received scrutiny from the government. The US government has suspected that the Chinese social media app has reportedly spied on US citizens and used their data. In March 2023, the app's CEO, Shou Zi Chew, testified in court for five hours, denying the speculations.

According to CNN's March 24, 2023, report, Shu Jueting, a representative of the Chinese government, stated that China was "firmly" against the forceful sale of the app. She shared that the Chinese government would follow its laws and regulations and take the final decision on the sale of the app.

"If the news is true, China will firmly oppose it... The sale or divestiture of TikTok involves technology export, and administrative licensing procedures must be performed in accordance with Chinese laws and regulations. The Chinese government will make a decision in accordance with the law," Shu Jueting stated.

Neither China's President Xi Jinping nor his representatives have responded to Donald Trump's statements. The discussion regarding TikTok's sale to US investors would reportedly take place this week. TikTok has not officially announced the launch of a new US version of the app.