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Ultrawealthy investors are vying to buy TikTok — here's what some would do if they took over the mega-app

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A U.S. appeals court upheld a law that will ban TikTok from app stores in the United States if the social media platform's parent company doesn't sell its stake in the app by January 19 .

Big-name buyers, from Kevin O'Leary of "Shark Tank" to Frank McCourt , have said for months that they are prepared to step in.

In 2020 , President Donald Trump ordered ByteDance to sell its TikTok US operations to an American company.

Walmart and Oracle also assembled a bid to buy TikTok in 2020 , but the companies have not publicly said whether they would make another offer now.

Walmart, Oracle , and Microsoft representatives did not immediately respond to requests for comment.