TikTok transfer to US-led investment group completed following US-China agreement
TikTok revealed on Thursday that it has formed a majority American-owned partnership entity to maintain its U.S. presence
ISTANBUL (AA) – TikTok revealed on Thursday that it has formed a majority American-owned partnership entity to maintain its U.S. presence following negotiations between Washington and Beijing.
“TikTok USDS Joint Venture LLC was created today in accordance with President Trump’s Executive Order from September 25, 2025, allowing over 200 million American users and 7.5 million U.S. businesses to continue participating in TikTok’s dynamic worldwide network,” the platform stated.
The company explained that this partnership will function under strict security protocols, including robust data safeguards, secure algorithms, oversight of content, and software guarantees for American users to address national security considerations.
Three primary investors—Oracle, Silver Lake, and UAE-based artificial intelligence company MGX—will each control 15% of the partnership. ByteDance, the Chinese parent firm, will maintain a minority position of 19.9%.
Other participants in the arrangement include Susquehanna, Dragoneer, and DFO, the investment office of Dell Technologies creator Michael Dell.
Trump celebrated the agreement’s completion on Truth Social.
“I’m thrilled to have played a role in preserving TikTok! It’s now controlled by exceptional American Patriots and Investors, among the world’s most prominent, and will serve as a significant Voice,” he posted.
Trump also expressed gratitude to Chinese President Xi Jinping for collaborating with the United States and backing the arrangement.
“He could have taken a different path, but chose not to, and his choice is valued,” Trump remarked.
Previously, news outlet Semafor had reported that the two nations reached an agreement to transfer TikTok’s U.S. business to an investor group predominantly based in America.
The transaction was finalized by Trump’s January 22 deadline, which came from an executive order granting temporary relief from a federal prohibition of the application.
While 2024 legislation mandated the sale over data security concerns, Trump granted multiple extensions to enable the handover.
The video platform experienced a brief shutdown before Trump took office but resumed operations after his presidential action.
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