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TikTok signs deal to sell US unit to American investors, including Oracle, Silver Lake

  • The Associated Press

  • Canadian Press

  • December 18, 2025

FILE - In this July 21, 2020 file photo, a man opens social media app 'TikTok' on his cell phone, in Islamabad, Pakistan. (AP Photo/Anjum Naveed, File)

SAN FRANCISCO (AP) -- TikTok has signed a deal to sell its U.S. business to three American investors -- Oracle, Silver Lake and MGX -- ensuring the popular social video platform can continue operating in the United States.

The deal is expected to close on Jan. 22, according to an internal memo seen by . CEO Shou Zi Chew said in the memo that ByteDance and TikTok have signed binding agreements with the three investors.

The new TikTok U.S. joint venture will be 50% held by a consortium of new investors, including Oracle, Silver Lake and MGX with 15% each. Another 30.1% will be held by affiliates of existing ByteDance investors and 19.9% will be retained by ByteDance, according to the memo.