On August 3, at 12:40 PM, Beijing local time, ByteDance founder Zhang Yiming sent out an all-staff letter in response to the potential sale of TikTok’s US operations.
Alex Zhu, Vice President of Products and Strategy and former Head of TikTok, has accepted a new appointment as Head of Bytedance’s Strategic Investments.
Kuaishou is one of China’s largest short video-sharing and livestreaming apps, which has also become a conspicuous power in China's e-commerce industry.
As TikTok seizes more territory around the world, its archrival Kuashou that so far hasn’t been as successful internationally is ramping up efforts to narrow the gap with its competitor.
In episode 67 of Tech Buzz China, hosts Rui Ma and Ying-Ying Lu discuss the ByteDance family of video apps outside of TikTok, including Xigua, Huoshan, and Pipixia.
Zhang Yiming, founder and CEO of TikTok-owner Bytedance, has donated $10 million to the Bill & Melinda Gates Foundation for research and development of treatment for the novel coronavirus disease.
In episode 66 of Tech Buzz China, co-hosts Rui Ma and Ying-Ying Lu talk about Bytedance’s forays into gaming and education — moves that have been well covered and are eagerly anticipated by Chinese media.
![[Exclusive] Zhang Yiming’s Full Internal Letter: ByteDance ‘Understands’ US Decision, Still Aspires to Become Transformative Global Company](https://assets.pandaily.com/uploads/2020/08/zhangyiming.jpg)
