Founding member Dai emerges as key to Chinese tech giant’s future.

Going forward, the company must improve its operating efficiency, reduce costs, ensure a strong inflow of cash, and control its cash balance.

Under a new leadership team helmed by Chew, ByteDance-owned TikTok is no longer just a popular entertainment app but a revenue-generating business.

As the Beijing-based app factory hits a ceiling for revenue growth, it will have to seek funds from public markets.

Despite the negative press and social media sentiment, there are a few bright spots for the e-commerce giant.

ByteDance’s acquisition of Musical.ly helped TikTok become one of the world’s most popular apps.

Through sheer dedication and hard work, the former corporate attorney has built a reputation as a top dealmaker for Chinese companies planning to go public.

Before TikTok became the first major Chinese app to achieve overseas success, ByteDance encountered many obstacles that would come to shape its international outlook.

As TikTok diversifies its revenue streams, how does the company stack up against competitors?

Despite having six CEOs in five years, the company is eager to expand to untapped markets.