Zhang Yiming is 38, a billionaire, and stepping down as CEO of ByteDance, in part because he lacks "some of the skills that make an ideal manager." He cofounded TikTok's parent firm in 2014 and ...

For ByteDance, TikTok’s parent company in China, it also could create a glaring hole in its business. The ban, which was signed into federal law last year and upheld by the Supreme Court on ...

In July, Chen Lin, head of ByteDance’s education division, said that the business didn’t expect to make a profit at least for the next three years. Yunan Zhang is a reporter covering tech in Asia, ...

Founded by entrepreneur Zhang Yiming in 2012, ByteDance is set to invest 4.5 billion yuan (US$615 million) in a new computing centre in Datong, a city in northern Shanxi province, as part of ...

ByteDance founder Zhang Yiming has claimed the title of China’s wealthiest individual, with a personal fortune reaching $49.3 billion, according to the annual Hurun China Rich List released Tuesday.

ByteDance’s CapCut head exits as the company redefines its strategy, prioritizing AI-driven innovation like the Dreamina platform. Zhang Xiaoran has left her position as head of ByteDance’s CapCut, ...

a market run by ByteDance China CEO Kelly Zhang. She’s responsible for Toutiao, the company’s news aggregator and ByteDance’s first big hit, and Douyin, its version of TikTok for the Chinese ...

Cool River Venture HK Limited, a subsidiary of Zhang Yiming, the co-founder of ByteDance, was granted Type 9 asset management license by the Securities and Futures ...

In March 2020, Zhang became China CEO of ByteDance, one of the world’s most valuable startups and the parent company of viral video app TikTok. The job puts her in charge of the company’s ...