TikTok CEO Says ByteDance Needs To Accept Misunderstanding for a while
TOn August 4, TikTok's CEO Zhang Yiming published an internal letter with the theme, "Don't care about short-term damage to the reputation, be patient and do the right thing." Zhang Yiming said that cultural conflict is a problem that most Chinese companies will not encounter. Still, it is inevitable for ByteDance, which is why he added "diversity and compatibility" to company values.
Also, Zhang Yiming responded to public opinion on social media, saying that the reason CFIUS forced TikTok to sell its US business was not the merger of musical.ly, and the total ban was its real purpose. Bytedance needs to accept misunderstandings over a while.
This text is a result of machine translation.
Related companies：
Briefing Jun 28, 2022 12:09 PM
· Real Estate
The second batch of homesteads sold intensively in Shanghai this year began to trade 32 plots from July 25, reducing the quantity and improving the quality
In-depth
Financials, Consumer Discretionary, Consumer Staples
Is the U.S. TikTok the biggest opportunity for going global in 2024?
TikTok, a short-video social platform under ByteDance, made its debut in May 2017 and has since become a global phenomenon with over 1 billion active users worldwide.
Jan 16, 2024 06:05 AM
Briefing Jun 18, 2022 01:58 PM
· Consumer Discretionary
About 3000 people are estimated to be optimized for the major adjustment of ByteDance education business
Dec 11, 2023 08:49 PM
Dec 28, 2021 06:19 PM
Jun 29, 2021 11:48 PM
Jan 03, 2021 10:56 AM
Briefing May 20, 2022 07:18 AM
AI meta learning enters neuroscience for the first time
Briefing Apr 18, 2022 05:44 PM
· Technology
China new energy: it is proposed to register and issue short-term financing bonds with an amount not exceeding RMB 2 billion
Briefing Feb 26, 2022 03:48 PM
· Consumer Staples
Tiktok e-commerce has a maximum Gmv of nearly 6 billion in 2021, with a goal of doubling this year
See more
Read next
Insight
In-depth
Consumer Staples · Analysis
Chinese Cuisine Brand YGF Malatang Ventures into Brazil
Apr 23, 2024 02:21 PM