Page 4 - Joan Wang News Today : Breaking News, Live Updates & Top Stories | Vimarsana

TikTok’s 38-year-old founder emerges from turmoil with a growing fortune - and increased scrutiny We’re sorry, this service is currently unavailable. Please try again later. Dismiss By Zheping Huang Save Normal text size Advertisement Just last year, the world’s most valuable startup, ByteDance, was being squeezed from all sides. The Trump administration wanted the Chinese firm, which owns the ubiquitous TikTok video-sharing platform, to get rid of assets. Beijing was cracking down on tech businesses, and India had blacklisted some of its social-media apps. Zhang Yiming owns ab...

ByteDance founder Zhang Yiming Just last year, the world’s most valuable start-up, ByteDance, was being squeezed from all sides. The Trump administration wanted the Chinese firm, which owns the ubiquitous TikTok video-sharing platform, to get rid of assets. Beijing was cracking down on tech businesses, and India had blacklisted some of its social media apps. For all the obstacles, ByteDance kept growing. Now its founder, 38-year-old Zhang Yiming, is among the world’s richest people — a distinction that lately has carried increased risks in China. Shares of the company trade in the priva...

Just last year, the world’s most valuable startup, ByteDance Ltd., was being squeezed from all sides. The Trump administration wanted the Chinese firm, which owns the ubiquitous TikTok video-sharing platform, to get rid of assets. Beijing was cracking down on tech businesses, and India had blacklisted some of its social-media apps. For all the obstacles, ByteDance kept growing. Now its founder, 38-year-old Zhang Yiming, is among the world’s richest people -- a distinction that lately has carried increased risks in China. Shares of the company trade in the private market at a valuation...

Zhang Yiming owns about a quarter of ByteDance, could be worth more than $60 billion. Just last year, the world's most valuable startup, ByteDance Ltd., was being squeezed from all sides. The Trump administration wanted the Chinese firm, which owns the ubiquitous TikTok video-sharing platform, to get rid of assets. Beijing was cracking down on tech businesses, and India blacklisted some of its social-media apps. For all the obstacles, ByteDance kept growing. Now its founder, 38-year-old Zhang Yiming, is among the world's richest people -- a distinction that lately has carried increased risks ...

Just last year, the world’s most valuable startup, ByteDance Ltd, was being squeezed from all sides. The Trump administration wanted the Chinese firm, which owns the ubiquitous TikTok video-sharing platform, to get rid of assets. Beijing was cracking down on tech businesses, and India blacklisted some of its social-media apps. For all the obstacles, ByteDance kept growing. Now its founder, 38-year-old Zhang Yiming, is among the world’s richest people – a distinction that lately has carried increased risks in China. Shares of the company trade in the private market at a valuation of more...