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 […]
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Back to news homeChina’s cash-burning video sector: how Kuaishou lost $1B in 6 months
Rumors have been floating for months that ByteDance is going public with TikTok and Douyin separately. Just last night, Bloomberg reported that ByteDance is seeking a pre-IPO round of $2 […]