Yingzhi Yang
Stories by Yingzhi Yang
TikTok owner ByteDance’s revenue growth slowed to 70% last year
In 2020, the Beijing-based company's total revenue grew by over 100% to $34.3 billion.
China’s ByteDance reorganises strategic investment team
The overhaul is designed to enhance collaborations between strategy research and business operations.
WeChat mini programme daily users in China grew 13% to 450m in 2021
That represents a 13% increase from a year earlier - much slower than the 33% growth in 2020.
US said to put China’s SenseTime on blacklist ahead of $767m listing
If added to the blacklist, US investors would not be able to buy into the IPO.
China sets rules to safeguard drivers’ rights in ride-hailing sector
The transport ministry said ride-hailing firms should improve income distribution mechanisms.
ByteDance founder Zhang Yiming said to step down as chairman, leave board
New CEO Liang Rubo has taken over as chairman of the company's five-person board.
ByteDance to reorganise into six units, CFO steps down to focus on TikTok
In May, ByteDance co-founder Zhang Yiming said he would step down as CEO.
China’s WeChat makes content searchable on Google and Bing
WeChat content, however, is not yet searchable on Baidu.
China’s gaming firms vow self-regulation amid crackdown
Over 200 Chinese gaming companies have pledged to regulate their industry to combat gaming addiction.
Some tech workers bemoan pay loss amid China’s crackdown on overtime work
While the 996 culture was gruelling, it also guaranteed high pay.
