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Zhang Yiming (Chinese: 张一鸣; born April 1, 1983) is a Chinese Internet entrepreneur. He founded ByteDance in 2012, developed the news aggregator Toutiao and the video sharing platform Douyin (internationally known as TikTok ).
ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing and incorporated in the Cayman Islands. [7]Founded by Zhang Yiming, Liang Rubo, and a team of others in 2012, ByteDance developed the video-sharing apps TikTok and Douyin.
Zhang Yiming, the 41-year-old software engineer who founded the app's parent company, ByteDance, now has a net worth of $49.3 billion, according to the 2024 Hurun China Rich List, which documents ...
The following are partial lists of the Forbes list of Chinese billionaires ... Zhang Yiming: 41 50 +US$14.4B: The developer of TikTok [4] 3: 34 Ma Huateng: 53 37.2-US ...
5./15 WEST/istockphotoIn a remarkable shift atop China’s wealth rankings, Zhang Yiming — the visionary behind ByteDance and the massively popular TikTok app — is now the country’s richest ...
ByteDance was founded in 2012 in Beijing by Zhang Yiming and Liang Rubo, who were college roommates at Tianjin’s Nankai University, according to company information and Zhang’s public speeches.
ByteDance planned on Douyin expanding overseas. The founder of ByteDance, Zhang Yiming, stated that "China is home to only one-fifth of Internet users globally. If we don't expand on a global scale, we are bound to lose to peers eyeing the four-fifths.
According to TikTok, roughly 60% of the privately-held ByteDance is owned by global investors, such as General Atlantic and Susquehanna International Group. ByteDance employees and the company’s founder, Zhang Yiming, also each have a 20% stake.