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Blackstone Reportedly Weighs Investment in TikTok US

  • Private equity firm Blackstone is considering a small minority investment in TikTok's American operations.
  • Blackstone is evaluating whether to join non-Chinese shareholders to bid for TikTok's American unit.
  • The plan is to spin off TikTok U.S. into a separate entity, reducing Chinese ownership to under 20% to comply with U.S. law.
  • The future of TikTok in the U.S. is uncertain as the deadline for divestment approaches on April 5.

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