TikTok Agrees to US Joint Venture Deal with Investors Including Oracle

TikTok US Joint Venture Agreement

• 🤝 Sources confirm that TikTok has signed agreements with its investors for a new US joint venture.
• 🗓️ The CEO of TikTok, Shou, informed employees via memo that the closing date for the US business is January 22nd, 2026, aligning with the deadline set by Trump.

Ownership Structure of the Joint Venture

• 📊 The US joint venture will be 50% held by a consortium of new investors, including Oracle, Silver Lake, and MGX, each holding 15%.
• 📈 Affiliates of existing ByteDance investors will hold 30.1%, and ByteDance will retain 19.9%.
• 🔑 This ownership structure is crucial as it pushes US ownership over 50% while reducing ByteDance's stake to under 20%.

Responsibilities of the US Joint Venture

• 🔒 The US joint venture will be responsible for data protection, algorithm security, content moderation, and software assurance.
• 📝 These details were outlined by Shou in a letter to employees obtained by CNBC.