BEIJING (Reuters) – a Beijing-based ByteDance, the owner of global is a short video, hit the TikTok, on Thursday was appointed as the new head for its China business and set a goal to nearly double its global workforce of 100,000 by the end of the year.
FILE PHOTO: select the Current logo can be seen on smart phones in front of a ByteDance logo, in this picture, the 27th of November, 2019 at the latest. REUTERS/dado Ruvic/Illustration
The eight-year-old startup, which was valued at $78 billion in its latest round of funding, currently has more than 60,000 employees in over 30 countries.
He also said that it has appointed, to generate income, head of Zhang Lidong, the chairman of the China business in order to maintain control of the Chinese market, not a product operations including strategy, revenue generation.
China’s short video app, Douyin, head, Kelly, Zhang Nan, will be chief executive of its China business, overseeing the country’s product and operations, which is a Chinese news aggregator Jinri Toutiao, Douyin, and Xigua, Video, Bytedance he said.
Both will report to the director of the company and the global CEO Zhang Yiming, who is shifting his focus from the company’s global expansion plans, according to the statement.
“Over the next three years, so I’m going to have to visit all of the regions in which we operate, and to learn about the local culture, as well as about the activities of the company in these locations,” Before, the global chief executive officer, said in a statement.
“The rapid growth of the ByteDance has been achieved over the past eight years, is a testament to the dedication of all our employees, which is a global team, and we expect that number to 100,000 by the end of the year,” he added.
TikTok was the top downloaded non-game app on Apple’s global app store and Google Play in the last two months, according to the app, the performance of the tracker Sensor Tower.
The rise to global stardom has attracted the attention of the authorities in the different countries. ByteDance is currently engaged in a U. S, national security research, to TikTok, the processing of the personal information of the user.
In order to ease these concerns, ByteDance has stepped up efforts to operationally separate the Tiktok of a lot of the Chinese companies, Reuters reported last year.
The Beijing-based company is also the owner of a joke app, Pipixia, in Indian language, a social media app, He, and the efficiency of the work of the app a Lark.
Reporting Yingzhi Yang in Beijing and Brenda Goh in Shanghai; editing by Jan Harvey and Jason Neely