Zhang Yiming, CEO and co-founder of TikTok maker ByteDance, has announced that he will step down from his role leading the company. Co-founder Liang Rubo, currently the company’s head of human resources, will replace him in the role. Zhang, 38, will instead focus on “long-term strategy” for the company.
TikTok has enjoyed a period of one year at the top of the App Store as the most popular non-gaming app on the platform. However, it’s also seen its fair share of challenges during that time — most notably in the U.S. when former President Trump labelled it a threat to national security.