By Alex Weprin
Publication Date: 2025-12-18 22:39:00
The TikTok The sale will officially take place and a consortium of American investors will take over the US operations of the video platform next month, on January 22, 2026.
The deal means TikTok, the fast-growing social video platform, has upended rivals’ strategies YouTube and Meta Platforms Inc. will have a new joint venture owner in the US: TikTok USDS Joint Venture LLC.
TikTok’s new US operations will have three “managing investors” who will collectively own 45 percent of the company: Oracle Corporation, Silver Lake and MGX (Abu Dhabi’s state-owned investment firm). An additional 5 percent will be owned by other new investors, 30.1 percent will be “held by affiliates of certain existing investors of ByteDance; and 19.9 percent will be retained by ByteDance.”
TikTok CEO Shou Chew announced the update in a memo to employees on Thursday, a copy of which was seen The Hollywood Reporter.
“I would like to take this opportunity to thank you…
