On March 3, #冲币新时代 4, according to the Financial Times, multiple informed sources revealed that a group of new external investors, including a16z, Blackstone Group, Silver Lake Capital, and other large private equity firms, will own about half of TikTok's U.S. business under the terms of the deal. These sources indicated that the U.S. business will be separated from its parent company ByteDance based in Beijing.