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Shou Zi Chew (Chinese: 周受资; born 1 January 1983) is a Singaporean business executive who has been the chief executive officer (CEO) of TikTok, an online video platform owned by Chinese company ByteDance, since 2021. [1] [2] [3]
TikTok's parent company is ByteDance Ltd., of which 60% is owned by global investors, 20% by its Chinese co-founders and 20% by employees, TikTok said
TikTok, known in mainland China and Hong Kong [3] as Douyin (Chinese: 抖音; pinyin: Dǒuyīn; lit. 'Shaking Sound'), [4] is a short-form video-hosting service owned by Chinese internet company ByteDance. It hosts user-submitted videos, which may range in duration from three seconds to 60 minutes. [5]
The legislation required ByteDance, TikTok's Chinese parent company, to sell the platform by Jan. 19, 2025. If ByteDance failed to do so, TikTok was to become unavailable in the U.S.
The supremely popular TikTok could be banned on Jan. 19 under a federal law that forces the video sharing platform to divest itself from its China-based parent company, ByteDance, or shut down its ...
ByteDance, the parent company of TikTok, reportedly generated about $58 billion in revenue in 2021, according to a January report by Reuters. If accurate, that was a 70% increase year over year ...
A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be done soon. General Atlantic CEO Bill Ford, a ByteDance board member ...
Meanwhile, TikTok, despite being tied to its parent company, ByteDance, based in China, has never operated there. Their headquarters are in Los Angeles and Singapore and are subject to the laws of ...