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Trump Anticipates Multiple Bidders for TikTok Ownership

U.S. President Donald Trump expressed his belief on Monday that there will be a significant number of interested parties vying to acquire TikTok. Speaking to Republican lawmakers at his Doral golf club in Miami, Trump reiterated his stance on keeping China out of the equation when it comes to the popular social media platform.



Trump emphasised his desire for the United States to hold a 50% ownership stake in a potential joint venture involving TikTok. This statement comes amidst ongoing discussions and negotiations surrounding the future ownership of the app.

 
  • President Trump foresees multiple bidders for TikTok ownership.

  • Trump reiterates his stance on keeping China out of TikTok's ownership.

  • The President expresses his desire for the U.S. to have a 50% ownership position in a TikTok joint venture.


Source: REUTERS

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