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ByteDance Disbands Strategic Investment Unit Due To Regulatory Pressure
Aggregated Source: China Money Network

Chinese Internet giant ByteDance has disbanded its strategic investment department due to pressure from regulators on Tuesday, according to people with knowledge of the matter. Five executives including Zhao Pengyuan, the former head of ByteDance’s strategic investment department, were transferred to the president’s office with new responsibilities in charge of the company’s overall strategy. Other […]

ByteDance Disbands Strategic Investment Unit Due To Regulatory Pressure comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

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