The deal would end years of efforts by Washington to force ByteDance to sell its US operations.

WASHINGTON, ‌Dec 18 : TikTok's Chinese owner, ByteDance, signed binding agreements with three major investors to sell just over 80 per cent of the company's U.S. assets to American and global investors to avoid a U.S. government ban, TikTok CEO Shou Zi Chew told employees on Thursday.The deal is a major ste

SAN FRANCISCO (AP) — TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX — ensuring the popular social video platform can continue operating in the United States. The deal is expected to close on Jan. 22, according to an internal memo seen by The […]

The deal would end years of efforts to force the app's Chinese parent ByteDance to divest its US business over national security concerns.

ByteDance's TikTok has signed a deal to sell its US entity to a joint venture controlled by American investors, according to a memo from TikTok CEO seen by Reuters.

Dec ‌18 : ByteDance's TikTok has signed a deal to sell its U.S. entity to a joint venture controlled by ‌American investors, according ‌to a memo from TikTok CEO seen by Reuters.The deal, set to close on January 22, ‍would end years of efforts to force the app's Chinese parent ByteDance to ​divest i