Blackstone has withdrawn from the investment deal for TikTok's operations in the United States, despite being seen as a leading candidate along with many other large funds.
This move comes amid the TikTok U.S. deal becoming a central issue in trade negotiations between Washington and Beijing, even though the deal has continuously been delayed and is not yet finalized.
MAIN CONTENT
Blackstone withdrew from the investment group controlling 80% of TikTok in the United States along with many other large investors.
Trump confirms progress in negotiations, with a possibility of meeting President Xi Jinping to discuss.
The U.S. and China continue to negotiate trade, with TikTok being a crucial sticking point in the process.
Why did Blackstone withdraw from the TikTok investment deal in the United States?
Blackstone has officially withdrawn from the group of investors expected to take over 80% of TikTok in the United States in a deal that retains a small stake for ByteDance. This information was disclosed by Bloomberg in July 2025, raising doubts about the future of the highly anticipated deal.
This event is even more prominent as U.S. TikTok becomes a focal point in U.S.-China trade negotiations. The investment group, which includes prominent names like Susquehanna International Group, General Atlantic, KKR, Andreessen Horowitz, and Oracle, has instilled confidence in the market before Blackstone's withdrawal.
I believe that TikTok offers both the United States and China an opportunity for economic growth and fosters bilateral relations, although there are still many challenges ahead.
Donald Trump, President of the United States, July 2025
What is the current state of negotiations between the U.S. and China over TikTok?
On July 18, 2025, President Donald Trump shared that negotiations for the sale of TikTok in the United States are 'almost complete' and opened up the possibility of him meeting with Chinese President Xi Jinping to advance the deal.
Senate Vice President Marco Rubio also confirmed the high likelihood of a meeting between the two leaders being held soon, aimed at reducing trade tensions and finalizing important terms.
In June 2025, Trump had repeatedly extended the deadline for ByteDance to sell TikTok assets in the U.S. to September 17, 2025, in order to facilitate finding the right investor.
How do U.S.-China trade negotiations affect TikTok?
U.S. TikTok has become a sticking point in the heated trade negotiations between the U.S. and China. Although both sides temporarily postponed tariffs for 90 days under an unfinished agreement, core disagreements still remain.
Previously, Rubio had met with Chinese Foreign Minister Wang Yi in Kuala Lumpur, assessing the meeting as constructive and laying the groundwork for multi-faceted cooperation.
The two countries agreed to enhance dialogue and coordination in various areas to develop a stable and friendly economic relationship.
Ministry of Foreign Affairs of China, official statement, July 2025
How does Blackstone's withdrawal affect the opportunity to buy TikTok in the United States?
Blackstone's withdrawal may slow the progress of finalizing the deal, which was expected to create stronger U.S. control over TikTok. The remaining group, consisting of Oracle, KKR, and other large investment funds, continues to negotiate.
The loss of a key investor like Blackstone illustrates the instability and complexity of the deal, especially as TikTok is viewed as a national security threat in the United States.
When could the U.S. and China reach a feasible trade agreement?
Despite positive signals and plans for high-level meetings, the U.S. and China have not fully committed to resolving all hotspots. The final decision on TikTok will serve the political and economic interests of both sides.
Analysts believe the TikTok deal could succeed if a balance is achieved between technology control and U.S. security requirements, expected to be finalized in Q4 2025.
Who are the other U.S. investors in the TikTok purchase group?
Investor Role Key Characteristics Oracle Technology provider, ensures data security Industry leader in cloud computing infrastructure, focusing on security KKR Global private equity firm Successful in many large technology deals, strong financial support General Atlantic Venture capital firm Specializes in investing in fast-growing technology companies in the U.S. and globally Susquehanna International Group Financial trading firm Strategic partner with experience in handling diverse markets Andreessen Horowitz Prominent venture capital firm Leading in cryptocurrency investment, blockchain technology
Frequently Asked Questions
Why did Blackstone withdraw from the TikTok deal in the United States?
Blackstone withdrew to refocus its investment strategy, also due to the prolonged negotiations and legal risks. This information was confirmed by Bloomberg in 2025.
Who is the replacement investor group for Blackstone in the deal?
The group consisting of Oracle, KKR, General Atlantic, Susquehanna International Group, and Andreessen Horowitz continues to lead the campaign to purchase TikTok in the United States.
How do U.S. TikTok negotiations affect U.S.-China relations?
TikTok symbolizes the technological competition and geopolitical influence between the two countries, increasing tensions while also presenting opportunities for cooperation in trade negotiations.
When is the deadline for ByteDance to sell TikTok in the U.S.?
As of mid-2025, the deadline has been extended to September 17, 2025, according to three executive orders from the U.S. President to facilitate the finalization of the deal.
When could the meeting between the U.S. President and the Chinese President take place?
It is highly likely to occur in Q3 or Q4 of 2025, according to confirmations from U.S. leaders and recent diplomatic sources.
Source: https://tintucbitcoin.com/blackstone-rut-khoi-dau-tu-tiktok-my/
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