Zhang Yiming
ByteDance reorganization offers glimpse into TikTok parent’s future
ByteDance has long been celebrated as an “app factory” for its proven model of churning out apps and monetizing them through a robust back end of shared resources, from engineering…
Zhang Yiming, the storied co-founder of ByteDance, is stepping down from his role as the CEO and passing the torch to Liang Rubo, another co-founder of the TikTok parent and…
Eight months after former TikTok CEO Kevin Mayer quit in the midst of a full-court press from the Trump administration against the Chinese-owned social media giant, TikTok finally has a…
Tencent’s WeChat Pay and Alibaba’s affiliate Alipay have long dominated digital payments in China, but they have always faced new challengers. The latest entrant in online payments is Douyin, TikTok’s…
While short videos are what drive ByteDance’s revenues and give the Chinese startup international recognition, the firm is expanding into numerous new areas like other tech giants to fuel growth.…
ByteDance valuation under huge pressure as TikTok sale nears
As it reached an estimated valuation of $100 billion this year, TikTok’s parent company ByteDance solidified its status as the most valuable startup in private markets. Its success outside China…
Chinese internet users brand ByteDance CEO a ‘traitor’ as TikTok seeks US buyer
ByteDance is not backing down from its ambitions to become a global technology powerhouse, even as TikTok loses its largest market (India) and faces insurmountable challenges in the U.S. But…
Trump told reporters he will use executive power to ban TikTok
President Donald Trump said he could act to ban the world’s most popular short video app TikTok from the U.S. as early as Saturday, according to The Hill. The president…
