Executive Order Approving TikTok U.S. Sale: Implications for Korea

Re-defining Data Sovereignty and Platform Governance

Summary of the TikTok U.S. Sale and Ownership Restructure

President Donald Trump signed an executive order authorizing the sale of TikTok’s U.S. operations, ensuring that 80% of the new American entity will be owned by U.S. and non-Chinese investors. Oracle, Silver Lake, and Abu Dhabi’s MGX will collectively hold approximately 45% of the shares, while ByteDance will limit its stake to 19.9%.