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Latest from bytedance

Zhang Yiming, China's richest person, beats Musk and Bezos in 2025 wealth gains

ByteDance co-founder Zhang Yiming has seen a surge of about $14 billion to his fortune since the beginning of 2025.

ByteDance co-founder Zhang Yiming's net worth has increased by 31% this year to $57.5 billion.(Reuters)
world news
Updated on Apr 09, 2025 07:46 PM IST
ByShweta Kukreti

TikTok sale would have been final if not for reciprocal tariffs on China: Trump

Donald Trump indicated that reducing tariffs on China could quickly facilitate the deal.

US President Donald Trump speaks to reporters while in flight on Air Force One, en route to Joint Base Andrews on April 6, 2025.(File/AFP)
world news
Updated on Apr 07, 2025 11:59 AM IST
ByHT News Desk

Trump extends TikTok sale deadline by 75 days: Did tariff plan affect deal?

While ByteDance now has until June 19 to reach a deal, a report by the Associated Press suggested that an agreement was already in place on Wednesday.

(FILES) In this photo illustration, the social media application logo, TikTok is displayed on the screen of an iPhone on an American flag background on August 3, 2020 in Arlington, Virginia.(AFP)
world news
Updated on Apr 05, 2025 10:22 AM IST
ByHT News Desk

Donald Trump says confident of TikTok deal before April 5 deadline

Donald Trump said Sunday he was confident of reaching a deal on TikTok ahead of the April 5 deadline.

Trump said this month the United States was in talks with four groups interested in acquiring the platform, which has 170 million American users.(AFP)
world news
Published on Mar 31, 2025 09:15 PM IST
AFP |

TikTok founder Zhang Yiming is now China's richest person. All about him

Zhang Yiming stepped down as ByteDance CEO in 2021 after running it for nearly a decade, claiming he preferred a non-managerial role.

Among China's top five richest, Zhang is trailed by Tencent co-founder and CEO Ma Huateng ($56.6 billion), Nongfu Spring founder Zhong Shanshan ($54.1 billion), Xiaomi founder and CEO Lei Jun ($44.9 billion), and Pinduoduo founder and former CEO Colin Huang ($43.2 billion).(Reuters)
business
Published on Mar 27, 2025 12:03 PM IST
ByAbhyjith K. Ashokan
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