Archive · 20 Dec 2025

TikTok Finalizes US Sale Deal

TikTok Finalizes US Sale Deal

TikTok, which is owned by a Chinese company called ByteDance, has agreed to sell its US operations to a group of American investors.

This group includes companies like Oracle, Silver Lake, and a company from Abu Dhabi called MGX.

They will own 50% of the new US TikTok company, while ByteDance will keep a small part.

The deal is expected to be finalized on January 22.

This sale comes after many years of pressure to sell the US part of TikTok because of concerns about national security.

The new company will be run by Americans and will store all US user data in the US.

TikTok will continue to work the same way, and users won't see any changes.

Sources