The app’s availability in the U.S. has been thrown into jeopardy over data privacy and national security concerns.

Kevin O’Leary of Shark Tank fame has announced that he is joining a consortium pushing to buy TikTok before the company’s ban in the US. The deadline for the Chinese-owned company’s sale or demise is just eleven days away; and the company’s C-Suite is desperately trying to make a deal with the incoming Trump administration.

Shark Tank’s Kevin O’Leary — a.k.a. “Mr. Wonderful”—said he’s nearing a deal to buy TikTok from its Chinese-owned parent company ByteDance to avoid the U.S. ban on the social media app.

Kevin O’Leary, star of Shark Tank, has announced his partnership with former Dodgers owner Frank McCourt to bid for TikTok’s U.S. operations, potentially preventing the app from facing a government-mandated ban.

Kevin O'Leary, star of “Shark Tank,” announced on Monday that he is getting close to acquiring TikTok's US business. He seeks Trump's help to finalise the deal.

O’Leary’s interest in unifying the US and Canada comes after Trump, 78, has repeatedly suggested in recent weeks that Canada should become “our 51st State.”

ABC’s Shark Tank star Kevin O’Leary shared on Monday that he has met with President-elect Donald Trump about closing a deal to buy the social media app TikTok. In an interview on Fox News‘s The Story with Martha MacCallum,

Kevin O'Leary has a substantial net worth, but the idea that he could buy TikTok is unlikely unless he teams up with some other investors.

Kevin O'Leary plans to acquire TikTok with the help of President-elect Donald Trump ahead of a potential ban in the U.S. He emphasizes the deal's complexity and its importance for protecting user privacy and empowering creators.