ByteDance Signs Binding Deal To Spin Off TikTok US Into Majority-American Joint Venture
- Posted on December 19, 2025
- By International Business Times
- 4 Views
ByteDance Signs Binding Deal To Spin Off TikTok US Into Majority-American Joint Venture
Under the deal, the U.S. version of TikTok will become majority-owned by American investors, satisfying the core requirement of a bipartisan law passed by Congress in 2024 that sought to address national security concerns tied to the app's Chinese ownership.
