- Entry
- $180.03
- Final
- $152.90 -15.1%
- Target
- —
- Score
- -1.00
Source: [https://finance.yahoo.com/news/tiktok-says-signed-agreements-create-222642566.html](https://finance.yahoo.com/news/tiktok-says-signed-agreements-create-222642566.html) >TikTok Chief Executive Officer Shou Chew told employees that the social media company and its parent, ByteDance Ltd., signed binding agreements to create a US joint venture majority-owned by American investors >In an internal memo reviewed by Bloomberg, Chew said he was “pleased to share some great news” and said agreements with Oracle Corp., Silver Lake and MGX have been signed. Chew gave a closing date of Jan. 22, 2026. >“Upon the closing, the US joint venture, built …
— ORIGINAL POST ·
Oracle +5% after hours after TikTok signs binding US joint venture with Oracle taking 15% stake
· r/wallstreetbets
· Dec 18, 2025