Who Owns TikTok Now? The Story Behind the Buyout

Tiktok
Tiktok in the United States is finally under control

After years of legal battles, political debates, and a brief moment where the app actually disappeared from the app stores, the drama is finally over. TikTok in the United States is now officially under US control, moving from Chinese ownership to a new American-led joint venture.

Here is the brief story of the buyout, and who actually owns TikTok now.

What Actually Happened

It started with a simple ultimatum from the US government: sell the app or face a ban.

In April 2024, President Biden signed a "divest-or-ban" law. This law gave ByteDance (TikTok’s Chinese parent company) a strict deadline to sell its US operations. The government worried that American user data wasn't safe and could be accessed by foreign adversaries.

Tensions peaked roughly one year ago, in early 2025, when TikTok briefly disappeared on app stores, giving users a scare that the ban was real. However, negotiations continued in secret. By December 2025, a concrete schedule was set to transfer control.

Finally, in January 2026, both the US and Chinese governments gave the green light. On January 23, 2026, the deal was officially announced as closed.

The New Reality: Who Owns TikTok Now?

TikTok in the US is no longer a subsidiary of a Chinese tech giant. It is now a separate company called TikTok USDS Joint Venture LLC.

The ownership has flipped completely. Previously owned 100% by ByteDance, the new breakdown is designed to keep control in the hands of US and allied investors:

The Majority Owners (80.1%): A group of US and global investors now controls the vast majority of the company.

The Big Three (45%): Three major firms—Silver Lake, Oracle, and MGX (from Abu Dhabi)—each own a 15% slice.

The Investor Group: The remaining majority stake is held by a roster of high-profile investors, including the Dell Family Office (Michael Dell), Vastmere Strategic Investments, Alpha Wave Partners, Revolution, Merritt Way, Via Nova, Virgo LI, and NJJ Capital.

The Minority Owner (19.9%): ByteDance keeps a small stake to satisfy the law, but they no longer have controlling power.

Who is in Charge?

The new company has its own leadership dedicated to US operations:

CEO: The new boss is Adam Presser. He was formerly TikTok’s head of operations and trust and safety, making him a familiar face for the transition.

The Board: A seven-member board now governs the company, including TikTok's global CEO Shou Zi Chew, ensuring a link remains to the global brand while US interests dominate the voting power.

How Is Your Data Protected?

The core reason for this sale was security. The new deal includes strict rules on how the app works:

The "USDS" Shield: The name "USDS" stands for US Data Security. This isn't just a name; it's a mandate.

Oracle’s Role: Oracle is not just an investor; they are the "Trusted Security Partner." All US user data now lives in Oracle’s secure cloud in the US, not on servers overseas.

The Algorithm: The "secret sauce" that decides what videos you see will also be stored and secured in Oracle’s cloud. It will be retrained and updated specifically on US data, ensuring no outside influence creeps into your "For You" feed.

Code Checks: The app’s source code (the instructions that make the app run) will be constantly reviewed and validated to ensure no hidden "backdoors" exist.

What This Means for Users

For the average user or creator, the app will look and feel exactly the same. The new company is designed to handle the heavy lifting of security and ownership, while still working with TikTok’s global teams to handle advertising, e-commerce, and marketing.

This ensures that while the ownership is now American-led and secure.