By Reuters | Updated: March 12, 2026
March 11 (Reuters) – Oracle’s (ORCL.N) stake in TikTok’s U.S. business operations is worth around $2 billion, a filing showed on Wednesday, more than a month after its Chinese parent ByteDance finalized a deal to set up a majority-owned American joint venture to avoid a ban.
Under the agreement, U.S. and global investors together hold an 80.1% stake in TikTok USDS Joint Venture LLC, while ByteDance owns 19.9%.
- Each of the joint venture’s three managing investors — Oracle, private equity group Silver Lake and Abu Dhabi-based investment firm MGX — holds a 15% stake.
- Adam Presser was appointed CEO of the venture in January.
- The deal was a milestone for the social media app after years of battles that began in August 2020, when President Donald Trump unsuccessfully tried to ban the platform over national security concerns.
- Trump opted not to enforce a law passed in April 2024 requiring ByteDance to sell its U.S. assets by January 2025 or face a ban — a measure upheld by the Supreme Court.
- Oracle on Tuesday estimated that the AI data center boom will power its revenue above Wall Street estimates well into 2027.
- The cloud computing company reported total revenue of $17.19 billion for the third quarter ended February 28, compared with analysts’ average estimate of $16.91 billion, according to data compiled by LSEG.
Reporting by Jaspreet Singh in Bengaluru; Editing by Shilpi Majumdar
© Thomson Reuters 2026
