TikTok is building a new version of its app for users in the United States ahead of a planned sale of the app to a group of investors, The Information reported on Sunday, citing unnamed sources. This comes as U.

TikTok is purportedly building a new version of its platform for users in the United States ahead of a planned sale to a group of investors, per technology publication The Information, which cited anonymous sources for the report.

TikTok’s staff is reportedly building a new version of the app for American users — dubbed M2 — for a September release ahead of an expected sale, The Information reported this week. Any potential deal will still have to be approved by the Chinese government.