this post was submitted on 23 Jan 2026
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Who are the owners of the new TikTok US entity? (www.scmp.com)
submitted 3 weeks ago by rss@news.abolish.capital to c/china@news.abolish.capital
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TikTok and its Chinese parent ByteDance announced on Thursday the official creation of a new US venture – TikTok USDS Joint Venture – to operate the short video app used by 200 million Americans. The deal, the culmination of years of legal and political uncertainty, is part of the effort to comply with a 2024 US law that aimed to push ByteDance to divest TikTok to address national security concerns over the app’s links to Beijing. Without a divestment, the app would have faced a nationwide...

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