17:28 - 19.12.2025

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December 19, Fineko/abc.az. TikTok signed a deal to sell its structure in the U.S. to a joint venture controlled by American investors.

ABC.AZ informs that this was reported on December 19 by online publication ekd.me with a link to Axios.

According to an internal document of the company, 45% of the structure will be transferred to a joint venture created by Oracle, Silver Lake and the MGX fund from Abu Dhabi. Almost a third will remain with the affiliated companies of the current investors of parent company ByteDance, about 20% will be retained by ByteDance itself.

China and the U.S. agreed on the principles of the deal in September. The company was valued at $14 billion, which is several times lower than analysts' forecasts. The deal should be officially closed on January 22.