The Chinese owner of TikTok is appointing two executives to oversee its business in China, freeing founder and Chief Executive Zhang Yiming to focus on issues in the U.S. and other overseas markets where the company is betting on growth
BEIJING—Bytedance Inc., the Chinese owner of the popular short-video app TikTok, is appointing two executives to oversee its business in China, freeing founder and Chief Executive Zhang Yiming to focus on issues in the U.S. and other overseas markets where the company is betting on growth.
Zhang Yiming will continue to serve as global chief executive of Bytedance, focused on building up the company’s management team around the world and long-term strategies, the company said in a statement Thursday.
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