US and China sign off on a deal to sell TikTok’s US business

January 22, 2026

TL;DR

The U.S. branch of TikTok will be sold to a consortium of mostly U.S. investors led by Oracle and Silver Lake.
The deal is expected to be finalized this week.
ByteDance will hold a 20% stake in the U.S. branch.
Oracle, Silver Lake, and UAE-based MGX will each hold 15% stakes.
The new joint venture will be responsible for data protection and media content moderation.
TikTok was the most downloaded app in the U.S. in 2021 and 2022 and is used by approximately 170 million Americans.
Previous actions by the Trump and Biden administrations aimed to ensure the sale or discontinuation of TikTok's U.S. operations.
A decree by Trump postponed the blocking of the platform, and an understanding was reached with China on the deal.

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