Some US investors of ByteDance, including Sequoia Capital, said to consider buying a majority stake in TikTok

The small group of investors is discussing such a move with ByteDance's top officials, per the report. The US investors involved in the deal could include General Atlantic and Sequoia Capital, the latter of which has backed the likes of Apple, Google and PayPal.

Per a previous Information report, ByteDance founder and chief executive Zhang Yiming has said he would not be opposed to such a sale.

The report comes as TikTok's parent company continues to grapple with how to handle security concerns of the ultra-popular app, as ties between China and the US grow increasingly tense.

The ubiquity of a China-owned app in the US has rattled lawmakers and called into question how accessible user data is to the Chinese government.