On Wednesday Oracle Corp revealed that it has invested about $2.2 billion in the new US entity TikTokConfirming a 15% ownership stake after restructuring the American operations of the platform.
Details of the investment emerged in Oracle’s quarterly filing for the period ended Feb. 28, where the company reported nearly $2.2 billion in “non-marketable debt investments and equity securities.”
The filing said the majority of those assets belong to TikTok USDS Joint Venture LLC, an entity created to oversee TikTok’s US operations.
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The reauthorization stems from the National Security Act of 2024 signed by the former president Joe Biden Requires a Chinese parent company ByteDance The US TikTok business is facing a shutdown or nationwide ban.
Later the president Donald Trump Approved the exchange through an executive order.
Formerly, Vice President JD Vance Said to be worth about $14 billion to the new US-based tech company.
Oracle owns 15% of the company and has a board seat. A private equity firm Silver Lake and an investment company in Abu Dhabi MGX Each also controls about 15%, while ByteDance only has a 20% stake.
Adam Presser In January, the CEO of the joint venture was appointed.
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Beyond its equity stake, Oracle plays a central operational role. The company hosts TikTok’s US user data and acts as the platform’s independent security provider, overseeing its operations in the US
The transition faces some initial hurdles. TikTok’s US agency previously reported posting delays and service disruptions linked to issues at an Oracle data center, though the company later said the problems had been resolved.
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