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  • Information Technology
  • Lead News

TikTok's co-founder, Zhang Yiming to step down as CEO

  • Information Technology
  • Lead News
  • 21 May, 2021 21:40:33

Photo: Collected

CNI Desk: The CEO and co-founder of TikTok's owner ByteDance has announced he will step down and transition to a new role by the end of the year.

In a letter to employees, Zhang Yiming said he will be succeeded by fellow co-founder Rubo Liang.

The move marks the biggest shake-up at the Chinese technology giant since its launch almost a decade ago.

Mr Zhang said his successor Rubo Liang has been "an invaluable partner", developing the firm's technology as well as hiring and managing employees.

Source: BBC

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