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asia

ByteDance Founder to Step Down From CEO Role

By
Shai Oster
· · Source: The Information

ByteDance founder Zhang Yiming said he was stepping down from his role as CEO of one of China’s biggest internet giants, best known in the West as the owner of the global hit app TikTok. Zhang said he would step back from day-to-day management to focus on the company’s longer term initiatives and social responsibility. Over the next six months, he will hand over the company’s reigns to...

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