Zhang Yiming announced that he stepped down as CEO of byte, byte jumping will usher in a new leadership

May 20, 2021, Zhang Yiming, founder of byte jumping, announced in an internal letter that he would step down from the post of CEO of byte jumping, and be succeeded by vice president Li Yue. This news has attracted widespread attention in the industry and means that ByteDance will usher in a new leadership.

Zhang Yiming's entrepreneurial path

Zhang Yiming, born in 1983 in Fuzhou City, Fujian Province, graduated from Nanjing University, majoring in computer science and technology. After graduation, he joined Microsoft Research Asia as a researcher, and later joined Baidu as a technical director.In 2012, he founded Today's Headlines, a news aggregation platform based on AI algorithms. With the rapid rise of Today's Headlines, Zhang Yiming has become one of China's leading Internet industry players.

History of ByteDance

In 2012, Zhang Yiming founded Today's Headlines, but he wasn't satisfied with that achievement.In 2016, he founded ByteDance, a mobile content platform centered on AI technology. ByteDance's products include Today's Headlines, Jittery, Flybook, and so on, covering a variety of fields such as news, short videos, and socialization. With the continuous upgrading of its products and increasing number of users, ByteDance has become one of the leading companies in China's Internet industry.

Reasons for Zhang Yiming stepping down as CEO

The reasons for Zhang Yiming stepping down as CEO have not been made public. But he said in an internal letter that he will continue to serve as chairman of ByteDance and is committed to the company's long-term development. He also said the new leadership would lead the company to more challenges and opportunities.

Li Yue's Succession

Li Yue, vice president of ByteDance and a former CTO of Today's Headline, said in his internal letter that he will continue to uphold Zhang Yiming's philosophy and values, and is committed to building even better products and services. He also said he will work with his team to drive the company's long-term development.

Future of ByteDance

Zhang Yiming's stepping down as CEO means that ByteDance will usher in new leadership. Under Li Yue's leadership, ByteDance will continue to push for technological innovation and product upgrades to further expand its market share. With the continuous development of artificial intelligence and big data technology, ByteDance will also usher in more opportunities and challenges.