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TikTok Moves to Form Separate US Venture with Oracle After Years of Delay

Moves

Friday, 19/12/2025 | 12:02 GMT by
Tareq Sikder

  • Oracle, Silver Lake and MGX will acquire a majority stake in the US unit.
  • ByteDance will keep about 20% and license its algorithm, while Chinese regulatory approval remains pending.

TikTok headquarters in Culver City, California, Source: Wikipedia

TikTok headquarters in Culver City, California, Source: Wikipedia

TikTok has formally moved to separate its US business from
Chinese parent ByteDance. The company announced that a group led by Oracle
Corp. has agreed to buy its US operations. The deal, resembling the rejected
Project Texas, could resolve a long-running US-China issue and meet Biden-era
sell-or-ban requirements.

Last year, TikTok faced a deadline
to comply with a US law requiring ByteDance to sell the app or face a
nationwide ban. The company filed an emergency request with the Supreme Court
while appealing a lower court ruling. US officials cited national security
risks, including potential access to user data and influence over content.

Details of the Joint Venture

Shou Chew, CEO, TikTok, Source: LinkedIn

Chief Executive Officer Shou Chew informed staff in an
internal memo that TikTok and ByteDance had signed binding agreements to form a
US joint venture. The new entity will be majority-owned by American investors.

Chew said he was “pleased to share some great news” and noted agreements with
Oracle, Silver Lake and MGX had been signed. He said the deal is expected to
close on Jan. 22, 2026, but “there’s more work to be done.”

Chinese regulators have not yet indicated whether they will
approve the transaction.

US Operations and Governance

The memo said the US joint venture will operate
independently. It will control data protection, content moderation and
algorithm security in the United States. Chew added the company will be
“governed by a new seven-member majority-American board of directors.” Oracle
shares rose about 5.2% in early trading on Friday, Bloomberg reported.

TikTok has signed a deal to form a new U.S. joint venture controlled by mostly American investors that include Oracle Corporation, Silver Lake and MGX, according to an internal memo sent by TikTok CEO Shou Chew and obtained by ABC News. https://t.co/bnIv9OMbye pic.twitter.com/RHwlzMWzHp

— ABC News (@ABC) December 19, 2025

Ownership Structure

The structure matches a plan outlined by the White House in
September. That proposal valued TikTok’s US business at about $14 billion,
subject to China’s approval. Under the ownership plan, Oracle, Silver Lake and
MGX will each hold 15%. Affiliates of existing ByteDance investors will hold
30.1%, while ByteDance retains 19.9%.

Remaining Ties and Algorithm Issues

The arrangement does not fully sever ties with ByteDance.
Previous reporting indicated the parent company could retain about half of the
US unit’s profits.

Critics have said this may conflict with a US national
security law, which requires TikTok US and ByteDance to have no operational
relationship. ByteDance is expected to license its recommendation algorithm to
the US entity, retrained using US data secured by Oracle.

TikTok has formally moved to separate its US business from
Chinese parent ByteDance. The company announced that a group led by Oracle
Corp. has agreed to buy its US operations. The deal, resembling the rejected
Project Texas, could resolve a long-running US-China issue and meet Biden-era
sell-or-ban requirements.

Last year, TikTok faced a deadline
to comply with a US law requiring ByteDance to sell the app or face a
nationwide ban. The company filed an emergency request with the Supreme Court
while appealing a lower court ruling. US officials cited national security
risks, including potential access to user data and influence over content.

Details of the Joint Venture

Shou Chew, CEO, TikTok, Source: LinkedIn

Chief Executive Officer Shou Chew informed staff in an
internal memo that TikTok and ByteDance had signed binding agreements to form a
US joint venture. The new entity will be majority-owned by American investors.

Chew said he was “pleased to share some great news” and noted agreements with
Oracle, Silver Lake and MGX had been signed. He said the deal is expected to
close on Jan. 22, 2026, but “there’s more work to be done.”

Chinese regulators have not yet indicated whether they will
approve the transaction.

US Operations and Governance

The memo said the US joint venture will operate
independently. It will control data protection, content moderation and
algorithm security in the United States. Chew added the company will be
“governed by a new seven-member majority-American board of directors.” Oracle
shares rose about 5.2% in early trading on Friday, Bloomberg reported.

TikTok has signed a deal to form a new U.S. joint venture controlled by mostly American investors that include Oracle Corporation, Silver Lake and MGX, according to an internal memo sent by TikTok CEO Shou Chew and obtained by ABC News. https://t.co/bnIv9OMbye pic.twitter.com/RHwlzMWzHp

— ABC News (@ABC) December 19, 2025

Ownership Structure

The structure matches a plan outlined by the White House in
September. That proposal valued TikTok’s US business at about $14 billion,
subject to China’s approval. Under the ownership plan, Oracle, Silver Lake and
MGX will each hold 15%. Affiliates of existing ByteDance investors will hold
30.1%, while ByteDance retains 19.9%.

Remaining Ties and Algorithm Issues

The arrangement does not fully sever ties with ByteDance.
Previous reporting indicated the parent company could retain about half of the
US unit’s profits.

Critics have said this may conflict with a US national
security law, which requires TikTok US and ByteDance to have no operational
relationship. ByteDance is expected to license its recommendation algorithm to
the US entity, retrained using US data secured by Oracle.

Tareq Sikder

  • 2025 Articles
  • 34 Followers

A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

  • 2025 Articles
  • 34 Followers

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