Jakarta –
Owner TikTok finally raised his hand to face the threat of blocking in the United States. There is an agreement to sell half of TikTok in Uncle Sam’s country.
As reported by the BBC, Saturday (20/12/2025) ByteDance as the owner of TikTok has reached an agreement for a joint venture agreement. This is a condition for TikTok to continue operating in the US.
Half of the joint venture will be owned by an investor group consisting of Oracle, Silver Lake and Abu Dhabi investment firm MGX. This was revealed in a memo from TikTok CEO Shou Zi Chew.
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This business deal will be finalized on January 22, 2026. This will be the closing chapter of the White House’s efforts to force ByteDance to sell their operations in America due to accusations of security threats.
Previously in September 2025, US President Donald Trump announced the suspension of blocking TikTok. This seems to complete the business deal to sell half of TikTok.
“This deal will allow 170 million Americans to continue to discover a world of limitless possibilities as part of a global community,” TikTok said in praise of its platform.
In this business deal, ByteDance still owns 19.9% of the shares. Oracle, Silver Lake and MGX each 15%. The remaining 30.1% ownership is affiliated with existing ByteDance investors.
Previously, the White House said Oracle would license algorithm recommendations as part of the deal. Please note, Oracle is a company whose history was co-founded by Donald Trump and with the support of Larry Ellison.
(fay/afr)
