At the end of December 2025, TikTok‘s parent company, ByteDance, signed an agreement to sell the American division (183 million monthly active users in August 2025) as part of the spin-off initiated by the Biden administration and finalised by the Trump government. TikTok’s C.E.O. Shou Chew told employees he finalised a contract establishing a joint venture strongly controlled by American shareholders, including Oracle, Silver Lake and the Emirati investment company MGX, each holding 15% of the
…About to overtake Meta in 2025, TikTok finalises a U.S. spin-off
As the countdown approaches for TikTok's US business to move to American ownership by January 22, 2026, the parent company is on track to replace Meta for 2025 in revenue and profitability. Here are the details.
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