Zhang Yiming

Zhang Yiming is a Chinese internet entrepreneur. He founded ByteDance in 2012 and developed the news aggregator Toutiao and the video sharing platform TikTok. As of 2019, with more than 1 billion monthly users, ByteDance is valued at US$75 billion, making it the most valuable startup in the world.

  • Zhang Yiming chairs Beijing ByteDance, one of China’s largest media content platforms.
  • The privately held company raised fresh investment funds at a valuation of $75 billion in 2018.
  • ByteDance is most known for its news app Toutiao and social video app TikTok.
  • Its shareholders include Sequoia Capital China.
  • Zhang was a member of the 2013 Forbes China 30 Under 30 List.