Will I Have to Download a New TikTok App? And Other Big Questions About The Deal.

The popular short form video app has a new corporate structure in the United States, which could result in some changes for the 200 million Americans who use TikTok.

TikTok has new owners in the United States. Will they change the video app?

On Thursday, TikTok’s Chinese owner, ByteDance, agreed to spin out a U.S. TikTok entity. Under the complicated arrangement, non-Chinese investors will own about 80 percent of the American app. ByteDance will keep 19.9 percent of it.

What does that mean for the typical TikTok user in the United States? Here’s what we know.