特朗普签署了新的行政令，美区TikTok出售细节公布

Core Viewpoint - The article discusses the new operational plan for TikTok in the United States, which involves the establishment of a joint venture to manage and operate TikTok, with ByteDance holding less than 20% of the shares [4][5]. Group 1: Operational Structure - A new joint venture will be created to oversee TikTok's operations in the U.S., with ByteDance and its affiliates owning less than 20% of the shares [4]. - The operational structure may involve splitting TikTok into two entities: one fully owned by ByteDance, responsible for commercial operations, and another joint venture focused on data security and local operations [4][5]. - The joint venture will include local and external investors, with ByteDance being the largest single shareholder but holding no more than 20% [5]. Group 2: Financial Aspects - The estimated valuation of the new TikTok joint venture is approximately $14 billion [6]. - TikTok is projected to achieve a revenue growth of 43% in 2024, reaching $23 billion, making it the fourth highest-grossing social app globally [7]. - TikTok's monthly active users in the U.S. have reached 170 million, with a strong appeal among younger demographics [8]. Group 3: Regulatory Context - The new operational plan follows an executive order signed by President Trump, which has a 120-day deadline for implementation [6]. - Previous extensions of the TikTok ban have been granted, with the latest extending the deadline to December 16, 2025 [6]. - ByteDance has committed to complying with Chinese laws while facilitating the continued operation of TikTok in the U.S. [7].