In a landmark move that ends years of legal and political uncertainty, TikTok CEO Chew Shou Zi informed employees on Thursday that the company has signed a binding agreement to sell its US operations to a consortium of American investors.
The deal, which has received the backing of US President Donald Trump, effectively averts a looming nationwide ban and secures the platform’s future for its 170 million American users.
The new entity, a TikTok US joint venture, is set to officially close on January 22, 2026.
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The deal restructures TikTok’s ownership to comply with US national security rules on data privacy and foreign influence.
More to follow …
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