Sources: ByteDance plans to place TikTok's global business in a standalone US-based company, likely with Oracle, Walmart, and others as minority shareholders (Financial Times)




Financial Times:

Sources: ByteDance plans to place TikTok’s global business in a standalone US-based company, likely with Oracle, Walmart, and others as minority shareholders  —  Agreement put before US means ByteDance retains majority shareholding, with Oracle holding minority stake



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