TikTok has agreed to sell its US business to a joint venture led by American investors, including Oracle, Silver Lake, and MGX, resolving long-standing national security concerns and ensuring continued operations for over 170 million US users.

TikTok has signed an agreement to sell its US operations to a new joint venture controlled by American investors, including Oracle, Silver Lake, and Abu Dhabi-based MGX. The deal, set to close on January 22, 2026, aims to address longstanding US government concerns over the Chinese ownership of TikTok’s parent company, ByteDance. CEO Shou Zi Chew confirmed that binding agreements have been signed between ByteDance, TikTok, and the consortium.

Ownership structure and investor details

Under the proposed arrangement, the new TikTok US entity will be 50% owned by the consortium, with Oracle, Silver Lake, and MGX each holding a 15% stake. Another 30.1% will remain with affiliates of existing ByteDance investors, while 19.9% will be retained by ByteDance itself. This structure allows for significant US control while maintaining a minority stake for the Chinese parent company.

Regulatory concerns and user impact

The agreement concludes a years-long process in which US lawmakers and regulators expressed concerns that TikTok’s Chinese ownership could pose data security and foreign influence risks. Previous proposals to restructure or sell TikTok’s US arm were stalled due to geopolitical tensions between Washington and Beijing.

TikTok remains one of the most widely used platforms in the US, with over 170 million users, including roughly 43% of adults under 30 who rely on it for news—surpassing platforms like YouTube, Facebook, and Instagram. The deal is expected to safeguard the platform’s operations in the US while providing regulatory reassurance and stabilizing its position in the American market.