[dasimon]

The split would likely be Douyin (TikTok China) vs. TikTok for the rest of the world. The business is already structured that way- ByteDance operates Douyin directly but TikTok operates through a subsidiary.

[dannyr]

They are divesting the US operations though. So basically different owners for US, China and the rest of the world.

[kyawzazaw]

What does that look like?

For example, different engineering departments

[sukilot]

They could set up an IP cross licensing agreement for software.

[rtx]

US operations alone cant be valued at 50 billions.

[0xy]

The subsidiary is for legal purposes only, all of the tech is built and operated from China and is subject to Chinese laws.

In fact, even after divestiture this will be the case for some time. The Chinese entity holds the IP to the algorithms and other underlying technology that make Tik Tok as viral as it is.