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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.nl businessinsider.nl
News Snapshot:
- 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. - Other tech founders have made similar moves as the communist party strengthens its grip. 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...
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