TikTok Restructures U.S. Business as Investors Take Majority Stake
TikTok is restructuring its U.S. business after ByteDance agreed to transfer operational control to a new joint venture dominated by American and international investors, marking a significant step toward compliance with U.S. legislation targeting foreign ownership of sensitive digital platforms. The new structure gives investors including Oracle, Silver Lake and MGX a combined 80.1% ownership, while ByteDance keeps a minority…
Get in Touch 


