The deal being negotiated anticipates participation from some of ByteDance’s current US investors, according to the sources. Jeff Yass’s Susquehanna International Group, General Atlantic ...
TikTok is owned by ByteDance, which has claimed it is roughly 60% owned by institutional investors including the Carlyle Group, General Atlantic and Yass’s Susquehanna International Group.
Trump had also been pressed on the issue by GOP megadonor Jeff Yass, who owns 7% of ByteDance. TikTok CEO Shou Zi Chew got a prized seat in the Capitol Rotunda for Trump’s swearing-in ...