TikTok USDS Joint Venture LLC Established Under U.S. Regulatory Requirements(newsroom.tiktok.com)
newsroom.tiktok.com
TikTok USDS Joint Venture LLC Established Under U.S. Regulatory Requirements
https://newsroom.tiktok.com/announcement-from-the-new-tiktok-usds-joint-venture-llc?lang=en
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ByteDance retains 19.9% stake. Oracle 15% stake and is providing the infrastructure.