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  1. News
  2. /
  3. Business

TikTok signs deal to sell US unit to American investors

The deal ensures the popular social video platform can continue operating in the U.S.
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A man opens TikTok on his cellphone in Islamabad, Pakistan, on July 21, 2020. The social video platform has signed a deal to sell its U.S. business to three American investors, ensuring it can continue operating in the country.
A man opens TikTok on his cellphone in Islamabad, Pakistan, on July 21, 2020. The social video platform has signed a deal to sell its U.S. business to three American investors, ensuring it can continue operating in the country. [ Associated Press (2020) ]
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  • Associated Press

    The Associated Press is an independent, not-for-profit news cooperative headquartered in New York City. Our teams in over 100 countries tell the world's stories, from breaking news to investigative reporting.

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