U.S. President Donald Trump said on Sunday that his administration was in touch with four different groups about the sale of Chinese-owned social media platform TikTok, and that all options were good.

TikTok's future has been uncertain since a law was enacted on Jan. 19, requiring its owner, ByteDance, to sell the platform due to national security concerns or face a ban.

US President Donald Trump has confirmed that his administration is in discussions with four different groups regarding the sale of Chinese-owned social media platform TikTok, Reuters reported.

President Donald Trump said Sunday he was negotiating with four different possible buyers for TikTok’s US business and that a deal for the social video app could come “soon.”

WASHINGTON (TNND) — Reid Rasner, a Wyoming businessman, said Thursday the Trump administration is taking his offer to buy TikTok “very seriously.” Rasner discussed the bid, for $47.45 billion, during an interview with NBC News anchor Savannah Sellers, who asked him whether the administration has reviewed the offer.

In a key update on TikTok’s future in the U.S., President Donald Trump has confirmed ongoing talks with four groups about the potential sale of

U.S. President Donald Trump revealed on Sunday that his administration is in discussions with four potential buyers for TikTok, the Chinese-owned social media platform facing a forced sale due to national