TikTok influencers Florin Vitan (L) and Alessia Lanza perform a video for the social network in the “Defhouse” in Milan on January 21, 2021. Photo: AFP.
TikTok influencers Florin Vitan (L) and Alessia Lanza perform a video for the social network in the “Defhouse” in Milan on January 21, 2021. Photo: AFP.
ByteDance
Tech

ByteDance carves out TikTok as world’s most valuable technology unicorn finds way to satisfy US-China regulatory demands

  • CEO Liang will oversee the finance of ByteDance, allowing CFO Chew Shou Zi to relinquish the role to focus on Tiktok unit
  • The remainder of ByteDance’s operations will be reorganised into business units, according to a memo to staff obtained by South China Morning Post

Coco Feng
Coco Feng in Beijing

Updated: 10:49pm, 2 Nov, 2021

Why you can trust SCMP
TikTok influencers Florin Vitan (L) and Alessia Lanza perform a video for the social network in the “Defhouse” in Milan on January 21, 2021. Photo: AFP.
TikTok influencers Florin Vitan (L) and Alessia Lanza perform a video for the social network in the “Defhouse” in Milan on January 21, 2021. Photo: AFP.

Corrected [1:46pm, 2 Nov, 2021]

  • [1:46pm, 2 Nov, 2021]

    Corrects name of executive in second paragraph

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