Published 22:59 IST, March 13th 2020
TikTok's parent company Bytedance has a goal of hiring 100,000 employees by the end 2020
TikTok's parent company Bytedance has announced that they are going to hire 100,000 people by the end of the year. They have appointed new heads in China. Read.
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owner company of TikTok, ByteDance, which is originally based in Beijing has appointed new heads for its China business. initiative is to set a goal to nearly double its global headcount to 100,000 by end of year. company currently has over 60,000 employees across 30 countries and organisation has a value of $78 billion.
Bytedance is looking for reaching global team of 100,000 employees
According to reports, ir monetization head, Zhang Lidong, has been appointed as Chairman of its China business. Mr Lidong will oversee Chinese market’s n-product operations, including strategy and monetization. position of Chief Executive of China business is given to Chinese short video app Douyin head, Kelly Zhang Nan, who will be responsible for overseeing country’s product operations.
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newly appointed heads will be directly reporting to company’s founder and global CEO, Zhang Yiming. Mr Yiming will be responsible for company’s global expansion plans.
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In a recent interview, global CEO Zhang Yiming said that he will visit all Bytedance's branches across regions over next three years to learn both about local culture and also about company’s operations in se locations. He also mentioned in interview that rapid growth of ByteDance over past eight years is a testament to dedication of all employees. Yiming concluded that y are expecting a global team of 100,000 by end of 2020.
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TikTok is most downloaded n-game app on Apple’s global App Store and Google Play Store over past consecutive two months. performance of app was tracked using Sensor Tower, an app performance tracking software. short video app, TikTok, is growing faster daily with many users joining app. This has led to an increase in demand of app for entertainment.
However, parent company of this short video app, Bytedance, is entangled in a U.S national security inquiry for handling of user data in TikTok app. But, according to recent reports, ByteDance is going to operationally separate TikTok from much of its Chinese businesses.
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22:59 IST, March 13th 2020