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Extension of TikTok Sale Deadline: New Opportunities for ByteDance

Extension of TikTok Sale Deadline: New Opportunities for ByteDance

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by Giorgi Kostiuk

8 hours ago

US President Donald Trump has again extended the deadline for TikTok’s parent company, ByteDance, to sell the app to a US owner by 90 days.

Current Situation with TikTok

Trump signed an executive order granting an extension now due on September 17, 2025. This marks the third time the deadline has been extended in TikTok’s sell-or-ban dilemma, linked to national security concerns.

TikTok's Response to the Extension

TikTok expressed gratitude to the US government for the opportunity to continue serving over 170 million American users, stating: "We are grateful for President Trump’s leadership...".

Potential Buyers and Next Steps

Investors including Oracle and Blackstone have shown interest in purchasing TikTok. Talks are ongoing about how existing US investors in ByteDance can transition their stakes into a new independent global TikTok company.

The extension of the TikTok sale deadline provides new opportunities for ByteDance while keeping the app accessible to users in the US.

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