TikTok is developing a new app for its more than 170 million U.S. users alongside a potential sale, according to a report from The Information. The news follows comments President Donald Trump made on Friday that he “pretty much” has a deal for a U.S. company to purchase TikTok’s U.S. operations, although he did not disclose the potential buyer.

Social media giant TikTok will launch a new version of its popular app to Apple's and Google's app stores on September 5, as part of an agreement to sell its US business looms.

A US-only version of TikTok is in development with plans to replace the current version for American users, according to a report in The Information.

According to The Information, the existing app – referred to internally as "M" – will be removed from US app stores once the new version is

A new TikTok app may be coming for users in the U.S. and that could mean an almost entirely different user experience.

With a September deadline looming, a new report says TikTok is building a replacement app for its 170 million American users as part of a sale to an Oracle led group.