TikTok signed the American asset stripping agreement, with half of the shares held by Oracle, Silver Lake Capital and the MGX Consortium

According to media reports, Chief Executive Officer TikTok week was funded in an internal memorandum to announce that the company had signed an agreement supported by United States President Trump to divest its United States assets and establish a new United States investor-led entity. This has made TikTok a key step towards ensuring its long-term operation in the United States.

According to the memorandum, TikTok had signed an agreement with investors to establish the “TikTok United States Joint Venture”, which would guarantee the continued use of the platform by over 170 million United States users. The framework of the agreement includes: 50 per cent of the shares held by the company Oracle, the private equity company Silver Lake Capital and the United Arab Emirates-supported MGX investment group. Approximately 30 per cent of the shares are held by the “associated parties of some of the existing investors by bytes”. 19.9 per cent of shares are retained by byte.

Zhou noted that work needed to be advanced before the transaction could be finalized, and that the parties had to complete the handover by 22 January 2026. Byte beat and TikTok both agreed to the terms of the agreement. In September this year, the Trump administration announced an agreement with China to transfer control of TikTok’s United States operations to United States-owned investor groups. The President signed an executive order confirming that the transaction constituted “qualified stripping” and postponing the ban law for 120 days to complete the transaction. Under United States law, byte beats require the sale of 80 per cent of United States assets to non-Chinese investors.

According to the White House, the new entity will retrain TikTok algorithms based on United States user data, and Oracle will be responsible for overseeing United States user data storage. While the United States Joint Venture is also responsible for the content review of United States users, the memorandum indicates that the global TikTok entity, which controls byte beat, will continue to manage the electrical, advertising and marketing operations of the new United States platform.