ByteDance Hires Xiaomi Executive as CFO While It Weighs IPO

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ByteDance Hires Xiaomi Executive as CFO While It Weighs IPO

Bloomberg2021-03-24

Hiring will fuel speculation over ByteDance’s IPO plansChew had been Xiaomi’s CFO when the phonemaker went publicByteDance Ltd. hired Xiaomi Corp.’s Chew Shou Zi as its chief financial officer, ...

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FionaC
·2021-03-24
Way to gooooo
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donnie991
·2021-03-24
Good
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Anonymousone
·2021-03-24
Wao
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YL95
·2021-03-24
Hi please like thanks
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Yingkie
·2021-03-24
Nice
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- YL95:
  Great
  2021-03-24
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jun26
·2021-03-24
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- YL95:
  Great
  2021-03-24
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- RBeaver:
  Good
  2021-03-24
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The smartphone maker had earlier announced his departure in a filing to the Hong Kong stock exchange.Today we announced I will be leaving Xiaomi. I will be joining Bytedance as CFO in my hometown Singapore.Thank you so much to the Xiaomifamily, and leijun in particular for the years of guidance.pic.twitter.com/j1UyfWQwHs— Shou Zi Chew March 24, 2021Chew had overseen Xiaomi’s smartphone international expansion before his departure. ByteDance has been exploring plans to list some of its businesses including TikTok’s Chinese twin Douyin in Hong Kong, people familiar with the matter have said. The company’s revenue more than doubled to about $35 billion last year, defying heightened global competition and U.S. attempts to ban its signature video service.Chew had overseen Xiaomi’s smartphone international expansion before his departure. 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