TikTok Part 6: The Showdown
Foundering
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ByteDance's Zhang Yiming Will Still Run the Show
ByteDance is gearing up for a massive IPO that could make Yiming one of the richest people in China. This would also put a target on his back from the Chinese government, which has been scrutinizing the country's wealthy tech moguls. TikTok out smarted US competitors and President Trump. The company used billions of dollars to flood the world with a social media app no one had even heard of just a few years ago.
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