US EditionTikTok signs deal to sell US unit to American investor-led venture
- This week, TikTok and ByteDance signed binding agreements to form TikTok USDS Joint Venture LLC with Oracle Corporation, Silver Lake, and MGX, set to close on January 22, 2026.
- After years of legal fights, U.S. Congress passed the divest-or-ban law last year, and the Supreme Court upheld it in January while President Donald Trump issued executive delays and a 120-day divestiture order.
- Under the pact, the U.S. joint venture is 50% owned by a consortium including Oracle, Silver Lake, and MGX, with 45% controlled by these three as managing investors and a seven-member American-majority board overseeing U.S. data and algorithm retraining.
- For U.S. users and creators, the deal reduces regulatory uncertainty by enabling over 170 million American users to keep TikTok access under TikTok USDS Joint Venture LLC, though finalization remains pending.
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TikTok agreed to sell its operations in the US to a 'holding' led by North American investors in order to continue to operate legally in the country.
TikTok agrees to form new unit with investors
SAN FRANCISCO — TikTok signed agreements with three major investors — Oracle, Silver Lake and MGX — to form a new TikTok U.S. joint venture, ensuring the popular social video platform can continue operating in the United States.
TikTok signs deal for US unit: How did the app get here
TikTok has signed deals with three major investors — Oracle, Silver Lake and MGX — to form a new TikTok US joint venture, ensuring the platform continues operating in the United States. Here is a look at how the app started and the challenges along the way
The Chinese social network has accepted the creation of an American joint venture that will operate independently of TikTok to ensure the platform's compliance with US law.
TikTok secures its US business with new investors. A deal is meant to keep the app from going out, but criticism and open questions remain.
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