Oracle reveals $2.2 billion investment in TikTok's US business after ByteDance divestment, holds 15% stake

On Wednesday, Oracle Corp ORCL disclosed it has invested about $2.2 billion in the new U.S. entity running TikTok, confirming a 15% ownership stake following the restructuring of the platform's ...

Oracle's TikTok stake sits at just over $2 billion, filing shows

Oracle bought 15% of TikTok's U.S. operations in January after China's ByteDance was forced by U.S. law to divest.

Oracle's stake in TikTok US joint venture is worth roughly $2 billion, filing shows

Oracle’s stake in TikTok’s U.S. operations is valued at about $2 billion after ByteDance created a majority-owned American ...
Outlook Business

Oracle Spent $2.2 Bn for 15% Stake in TikTok and Became Its American Landlord

Oracle Corp has invested roughly $2.2 billion in TikTok's newly restructured American entity, TikTok USDS Joint Venture LLC, securing a 15% ownership stake in the platform.