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Almost two months after TikTok’s U.S. operations officially landed in the hands of a group of investors, Oracle
disclosed its stake in the joint venture at roughly $2 billion.
In its quarterly financial filing on Wednesday, Oracle said it recorded “non-marketable debt investments and equity securities and related instruments” of $2.2 billion for the period ended Feb. 28.
The “substantial majority” of its non-marketable investments were in TikTok USDS Joint Venture LLC, the filing said.
