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It's not just Jack Ma. More and more Chinese tech founders and CEOs are retreating from the spotlight.

November 4, 2021
Source: businessinsider.in businessinsider.in
News Snapshot:
Bytedance founder Zhang Yiming. VCG/VCG via Getty Images TikTok-owner Bytedance 's founder Zhang Yiming has stepped down from the board, per Bloomberg. He's the most recent executive to pull back as China cracks down on the tech industry. Jack Ma famously disappeared from the limelight after his Ant Group's planned IPO imploded- and he's not the only tech exec to do so in the past year. Bloomberg reported Wednesday that TikTok owner Bytedance's founder Zhang Yiming has stepped down from the company's board of directors. The report comes after Yiming said in May he was retiring from his role as...
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