TikTok signs agreement to sell majority stake in US operations.

(CLO) TikTok has just signed an agreement to sell 80% of its US assets to a group of three investors, with the deal expected to be officially announced in early 2026.

The agreement is seen as a significant step towards securing the long-term future of this video platform in the US market, after years of facing legal pressure.

In a memo to employees on December 18, TikTok CEO Shou Chew stated: "We have signed an agreement with investors for a new joint venture in the U.S., enabling more than 170 million Americans to continue exploring the world of possibilities as part of a vibrant global community."

Mr. Trump believes that TikTok helped him win the support of young voters in the November 2024 presidential election.

He also stressed that "there is still much work to be done" before the agreement is finalized, but the parties are aiming for a consensus by January 22, 2026.

Under the agreement structure, TikTok in the US will be controlled by a new joint venture, with 50% of the shares held by a group of three investors: Oracle, Silver Lake, and MGX (backed by the UAE). More than 30% of the shares will be held by companies affiliated with some of ByteDance's existing investors, and the remaining 19.9% ​​will belong to ByteDance.

This move is in compliance with the Protecting Americans from Foreign Adversary Apps Act (PAFACA), which was passed and signed into law under former President Joe Biden.

Since 2020, TikTok has continuously faced the risk of being banned or forced to sell in the US. Although he initially supported a ban, President Donald Trump later changed his mind when he realized TikTok contributed to his 2024 election victory. He currently has 15 million followers on the platform.

Source: https://congluan.vn/tiktok-ky-thoa-thuan-ban-phan-lon-co-phan-tai-my-10323158.html