TikTok Founder Zhang Yiming Rises To China’s Richest As Billionaire Count Shrinks

01 Nov 2024

Zhang Yiming, co-founder of TikTok's parent company, ByteDance, now stands as China’s wealthiest individual with a net worth of $49.3 billion. According to Hurun Inc., ByteDance’s revenue saw a remarkable 30% rise in 2023, reaching $110 billion. TikTok’s journey since its launch in 2017 has been a global success, though...

Is Zhang Yiming, China’s Richest Man, Ready To Compete With Mukesh Ambani?

30 Oct 2024

Zhang Yiming, the founder of ByteDance, has been recognized as the richest person in China with a fortune of $49.3 billion, as reported in the latest Hurun China Rich List. However, despite this considerable wealth, Yiming is still far behind Mukesh Ambani, India’s wealthiest individual, whose net worth exceeds $102...

TikTok Employees Catch Mass Food Poisoning: ‘Toilets Overflowing, Vomit On The Floor’

03 Aug 2024

Over a hundred employees at ByteDance’s Singapore headquarters experienced a mass food poisoning incident on Tuesday. In a joint announcement on Wednesday, the Singapore Food Agency and Ministry of Health reported that 17 individuals were hospitalized with severe gastrointestinal symptoms. Many others either sought outpatient care, recovered without medical treatment,...

India’s ban on TikTok to play key role in litigation in US, says FCC chief

29 Apr 2024

US Federal Communications Commission (FCC) commissioner Brendan Carr remarked that India's prompt and proactive response against TikTok might serve as a precedent in American courts, as the ByteDance-owned company is anticipated to contest the US decision to prohibit its video-hosting service. His remarks closely follow a forceful directive issued to...