ๅผ ไธ้ธฃๅธไปปไปๆฅๅคดๆกCEO๏ผๅๆป่ฃ้ๆๆฅไปป โ NetEase
What happened: Zhang Yiming, founder of ByteDance, has stepped down as CEO of the companyโs flagship content distribution platform Jinri Toutiao, but will remain CEO of ByteDance. Chen Lin, former head of product at Jinri Toutiao and a Peking University computer science alumni, has taken over Zhangโs role. According to Chen, his work responsibilities will not change significantly.
Why itโs important: The personnel shift reflects ByteDanceโs strategy shift. At the moment, ByteDance is more than any single product โ itโs now an aggregator of a complex matrix of content-based products. Former product expert Chen will ensure the performance of Jinti Toutiao. Zhang will focus more on corporate strategy to break growth bottlenecks and navigate tightening state regulation. This could also mean that Zhangโs ByteDance will plan for new products, and that Jinri Toutiao is not any more a pilot project but a mature commercial product already.
