The U.S. joint venture will be 50% held by a consortium of new investors, including Oracle, Silver Lake and MGX with 15% each; 30.1% held by affiliates of certain existing investors of ByteDance; and 19.9% will be retained by ByteDance

Feels a lot like friends helping each other to pieces of a pie.

The power of free market: You are free to sell yourself or get shut down.