New Ownership Structure Emerges for TikTok’s U.S. Arm
TikTok's U.S. operations have undergone a significant restructuring in response to new U.S. legislation aimed at limiting Chinese ownership and addressing data privacy concerns. The newly established entity, TikTok USDS Joint Venture LLC, is now majority-owned by non-Chinese investors, with major stakes held by Oracle, Silver Lake, and MGX. ByteDance retains a minority interest, while other prominent global investors round out the ownership group.