Amid complex questions raised by TikTok’s new deal, The Information says that its reporting reveals a surprisingly low valuation of approximately $14B for the new U.S. TikTok entity, which is a fraction of its parent company’s recent valuation of $337B. Of note, TikTok is expected to sell its U.S. assets to a consortium of investors, likely to include Oracle (ORCL), Silver Lake Management and MGX, according to media reports. ByteDance, TikTok’s global parent, is expected to maintain a minority stake in the U.S. business. Publicly traded companies in the social media space include Meta Platforms (META), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP).
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