Zhang Yiming, founder of Beijing ByteDance Technology, at the company's headquarters in Beijing on Thursday, August 17, 2017. Photo: Bloomberg
Zhang Yiming, founder of Beijing ByteDance Technology, at the company's headquarters in Beijing on Thursday, August 17, 2017. Photo: Bloomberg
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ByteDance’s founder Zhang Yiming to step down as CEO, the third Chinese tech billionaire to throw in the towel in their prime

  • After founding the company in 2011, founder Zhang Yiming takes a step back from his day-to-day responsibilities
  • Liang Rubo, co-founder and current head of human resources, will take over the CEO position by the end of the year

Zhang Yiming, founder of Beijing ByteDance Technology, at the company's headquarters in Beijing on Thursday, August 17, 2017. Photo: Bloomberg
Zhang Yiming, founder of Beijing ByteDance Technology, at the company's headquarters in Beijing on Thursday, August 17, 2017. Photo: Bloomberg
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