Experts warned investors not to put a massive amount of money in their crypto wallets. ByteDance, the China-based owner of the famous social media platform TikTok, had added Douyin to its subsidiaries' names, including one based in Hong Kong, where the company was reportedly considering floating part of its business before it was put on hold due to China's regulations.
TikTok-owner ByteDance has appointed corporate attorney Julie Gao as its new chief financial officer (CFO), according to an internal memo sent to staff on Monday and seen by Reuters.