The incredibly popular video-sharing app will be able to continue operating in the United States thanks to a joint venture that TikTok formally declared on Friday.
According to the platform, a new business called TikTok USDS Joint Venture LLC was formed in accordance with the Executive Order that US President Donald Trump signed in September 2025. As part of the new agreement, ByteDance, the Chinese parent company of TikTok, would sell most of its shares to a group of mostly American investors, but it will still own 19.9% of the company. Regarding the accord, the Chinese government has not made any public remarks.
It further stated that the Joint Venture, which is primarily owned by Americans, will function under established safeguards that ensure national security through extensive data protections read more about TikTok Forms U.S. Joint Venture to Continue Operations Under 2025 Executive Order.
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