Founder of TikTok owner ByteDance jumps to top of China's rich listByteDance founder Zhang Yiming tops the Hurun China Rich List with a fortune of $49.3 billion, overtaking bottled water magnate Zhong Shans...
29 Oct, 2024, 03.30 PM IST
Zhang Yiming, founder of TikTok parent ByteDance, lost $17 billion in 2022The reasons for the losses are unknown, but Zhang is still the second-richest entrepreneur in the world under the age of 40, with wealth va...
06 Apr, 2023, 06.47 PM IST
ByteDance founder Zhang Yiming steps down as chairmanByteDance New CEO Liang Rubo, who announced a major organisational restructuring at the TikTok parent, will take on the role of chairman fr...
03 Nov, 2021, 10.02 AM IST
ByteDance founder donates $77 million amid China billionaires' charity rushThe donation will set up the "Meifang Foundation" to assist teachers with advanced education and support vocational education. The foundati...
22 Jun, 2021, 04.36 PM IST
ByteDance founder tells staff he's shifting away from CEO's daily work - sourcesIn May, Zhang unexpectedly announced that he will step down as CEO of the TikTok owner amid Chinese' regulators' tightened scrutiny of the ...
17 Jun, 2021, 01.02 PM IST
ByteDance founder Zhang Yiming to step down as CEOZhang Yiming's decision to step down as ByteDance CEO comes less than a month after the Chinese technology giant named its CFO Shouzi Chew ...
20 May, 2021, 10.51 AM IST
TikTok founder Zhang Yiming enters world's richest people-club with over $60 billion net worthDuring its last fundraising round, ByteDance reached a $180 billion valuation.
14 Apr, 2021, 12.05 PM IST
TikTok troubles narrow gap between Beijing and ByteDance founder Zhang YimingA year ago, ByteDance was approached by the Chinese government with offers of help when TikTok, a short-video app with a huge following amo...
05 Sep, 2020, 02.35 PM IST
Mayer’s exit signals TikTok deal at hand, Bytedance founder says firm ‘moving quickly’ to resolve issuesWhile Mayer’s departure has increased the state of flux, especially among some employees, others said that the letters by Mayer and Yiming ...
28 Aug, 2020, 08.19 AM IST
TikTok moving quickly to resolve issues in India, US: Bytedance founder Zhang YimingYiming also thanked Mayer for his "efforts towards a resolution". Mayer’s exit, just months after he joined the popular short video app fro...
27 Aug, 2020, 04.58 PM IST
TikTok tug-of-war ensnares app’s affable billionaire founderThe reclusive founder has expressed his frustration with U.S. authorities to ByteDance employees. In an all-hands memo recently, Zhang said...
08 Aug, 2020, 09.48 AM IST
TikTok: Time's running out for ByteDance's billionaire boss Zhang YimingZhang Yiming finds himself under enormous pressure as he tries to assure the world that TikTok is safe and secure, while also protecting hi...
06 Aug, 2020, 04.49 PM IST
ByteDance CEO ‘working overtime’ to devise TikTok solutionBeijing-based ByteDance has come under pressure from the White House and U.S. lawmakers to sell off its U.S. TikTok operations and now has ...
04 Aug, 2020, 09.14 AM IST
Combative TikTok founder, Zhang Yiming, races to save appA more dramatic alternative would be for Zhang to separate ByteDance in China and abroad. In theory, he could set up a global headquarters ...
24 Jul, 2020, 09.04 AM IST
ByteDance is seeking a new CEO for its TikTok businessIt’s possible ByteDance is searching for a candidate who could help address questions in Washington or for someone with the skills to lead ...
23 Jan, 2020, 09.15 AM IST
The complex fortune growing inside world's most valuable startup BytedanceZhang Yiming, the 35-year-old founder of Bytedance Ltd. is worth about $13 billion, according to the Bloomberg Billionaires Index.
25 Mar, 2019, 09.57 AM IST
35-year-old unknown creates the world's most valuable startupZhang's firm is on its way to a more than $75 bn valuation - a price tag that surpasses Uber Technologies.
29 Sep, 2018, 07.53 PM IST