In the US it was reported that the Chinese social network has already chosen a buyer • Last week it was announced that Microsoft, in collaboration with the supermarket giant Walmart, is interested in purchasing the app

• Ticket sales crisis // Photo: Reuters

The social network Tiktok has chosen a buyer for its businesses in New Zealand, the United States and Australia and it may officially announce the deal as early as tomorrow, informed sources told the American news network CNBC.

Software giant Microsoft, in partnership with supermarket giant Walmart have jointly announced that they are interested in acquiring the popular app among teens.

Oracle has also already announced that it is interested in purchasing the widget.

However, despite the fact that a buyer has already been selected by the company, the Chinese government still has the power to delay or cancel the deal, as Tiktok is subject to Beijing's trade laws and needs its approval to execute the deal.

Walmart told CNBC that "We believe that a partnership with Tiktok and Microsoft will allow us to reach customers through additional channels."

Meanwhile, a partnership between the two companies is not new, as in 2018 they collaborated to compete with Amazon when it was decided that Walmart would use Microsoft's cloud solutions to streamline processes and improve the e-commerce experience.

This week, Tiktok CEO Kevin Mayer announced his resignation, just three months after taking office. In a letter to his employees, he explained that the reason for his retirement was "major and radical changes in the political environment." BateDance must maintain trade ties in the United States starting September 15.