TikTok Signs Binding Joint Venture Deal With Oracle, Silver Lake and MGX
CONFIRMED87% CONFIDENCEVariety[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.
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