Friday, December 19, 2025

TIKTOK New U.S. Joint Venture

A TikTok promotional campaign in New York. The US passed a law in 2024 to ban TikTok over national security concerns unless it was sold Richard B Levine/Reuters
A TikTok promotional campaign in New York. 
  • TikTok US valued at $14bn
  • Bytedance to keep 20%
  • Oracle and Silver Lane take 15%

Abu Dhabi investment fund MGX will take part ownership of TikTok’s US business, as a years-long struggle over the tech company’s future in the US draws to a close.

Details of sale of TikTok in US confirmed
TikTok Says It Signed Agreements for New US Joint Venture - Bloomberg

No comments: