TikTok founder Zhang Yiming steps down
Zhang Yiming, the founder of ByteDance, the company that owns the wildly popular short-video TikTok, has stepped down as chairman as the tech giant continues to reorganize its business.
The news was no surprise as Zhang Yiming has stepped down as CEO back in May.
His role as the chairman of the company’s five-person board, which also includes General Atlantic, Sequoia Capital, Coatue Management, and Susquehanna International Group, will also be passed to Liang Rubo, who took over as CEO.
Lately, TikTok CEO Shou Zi Chew has also lift his position as ByteDance’s chief financial officer (CFO) to focus on running the popular app full time, Reuters reported.
The views expressed in Op-Ed pieces are those of the author and do not purport to reflect the opinions or views of Libyan Express.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@libyanexpress.com. Please include ‘Op-Ed’ in the subject line.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@libyanexpress.com. Please include ‘Op-Ed’ in the subject line.
Latest posts by Libyan Express (see all)
- Libya and Algeria bolster customs cooperation - December 24, 2024
- Reports claim S-400, S-300 missiles moved to Libya - December 24, 2024
- 2024: The year that redrew the World Map - December 24, 2024