Echo Wang, Keith Zhai and Joshua Franklin
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How ByteDance's CEO Balked At Selling TikTok's U.S. Business
Concerns among major ByteDance backers over the financial hit of selling TikTok in the United States for less than what it is worth led Zhang to opt for the sale of only a stake to Oracle, rather than an outright divestment, the sources said. 
Concerns among major ByteDance backers over the financial hit of selling TikTok in the United States for less than what it is worth led Zhang to opt for the sale of only a stake to Oracle, rather than an outright divestment, the sources said.
