There are 200 million Americans who use TikTok.
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| File photo: social media giant TikTok |
TikTok's US ops secured
TikTok's Chew Shou Zi expressed his appreciation to the platforms users after a major development in the company's US operations.
According to a Straits Times report, the TikTok chief executive posted a TikTok video on Jan 23. He did not specifically mention
the new US entity, but he thanks the app's one billion international users and 200 million American users for "continuing to share your creativity and your passions.
We are grateful to have you as part of our TikTok community and are looking forward to seeing more of your creative spirit, great storytelling and bringing joy to everyone, everywhere, Chew said.
His post came after TikTok and its Chinese parent ByteDance closed a deal to transfer parts of its US operations to American investors like Oracle and private equity firm Silver Lake, a move that allows the app to avoid a ban in the US.
To recall,
US Congress in 2024 passed legislation to ban the app unless ByteDance sold TikTok, citing national security concerns about Chinese interference. The deal was planned for January 2025, but the deadline was extended several times.
Chew will continue to run TikTok globally and also get a seat on the board of the new entity, which has been named TikTok USDS Joint Venture LLC.
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