At the end of December 2025, TikTok‘s parent company, ByteDance, signed an agreement to sell its U.S. division (183 million monthly active users in the U.S. in August 2025) as part of the spin-off initiated by the Biden administration and finalised by the Trump government. TikTok’s CEO Shou Chew told employees that he had finalised a contract establishing a joint venture controlled mainly by American shareholders, including Oracle, Silver Lake and the Emirati investment company MGX, each holdin
…About to overtake Meta in 2025, TikTok finalises a U.S. spin-off
As the final countdown approaches for TikTok's US entity, which is set to come under US ownership by January 22, 2026, parent company is on track to dethrone Meta in 2025 in terms of both revenue and profitability. Here are the details.
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