At the recent all-hands meeting, TikTok's leadership addressed the app's uncertain future in the U.S. CEO Shou Chew expressed optimism regarding the company's progress in stabilizing its situation. Following assurances from the Attorney General, TikTok returned to app stores, alleviating recent concerns over app availability. Chew reflected on the challenges TikTok has faced, particularly in building trust, but noted that despite difficulties, the company has made significant progress and continues to exceed engagement goals. The U.S. remains a crucial market for TikTok despite not being its largest in terms of users or revenue.
We remain confident that we can make a lot of progress to stabilize the situation hopefully soon.
With this road to trust building, if you look back over the years, we actually have made a lot of progress.
Even though the road has been a little bit too steep and windy, we've gotten stronger and we've survived.
During the all-hands meeting, Chew alluded to the years of political miscalculations that led TikTok to this point.
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