After months of speculation and multiple bids from would-be American buyers, TikTok may finally be getting a new owner.

President Donald Trump said he has identified a buyer for the US operations of TikTok, the social media app owned by Chinese company ByteDance Ltd., without naming the winning bidder.

The prospective buyer of TikTok’s American operations cited by President Donald Trump is the same investor consortium including Oracle Corp., Blackstone Inc. and venture capital firm Andreessen Horowitz,