TikTok Signs Binding Joint Venture Deal With Oracle, Silver Lake and MGX
CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins87% CONFIDENCEOverall confidence: 87%How well the pin's source and references back up its dates.Weighted average of how firmly 3 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or betterVariety[1], 18 December 2025: ByteDance and TikTok "have signed 'binding agreements'" per Chew's memo to staff that day.
ByteDance and TikTok signed binding agreements to form TikTok USDS Joint Venture LLC, with Oracle, Silver Lake and MGX holding 15% each and ByteDance keeping 19.9%, due to close on 22 January 2026.