TOPIC

/ people

Zhang Yiming

The latest news on Chinese internet entrepreneur Zhang Yiming, chairman and founder of ByteDance and Douyin/TikTok, including Chinese business news and updates.

Born

Apr 1983

Industry

Business, Technology

Job Title

Founder of ByteDance

US Federal chairman Kevin Warsh holds a press conference on July 29. Photo: Reuters

Hong Kong stock market

Dovish or Hawkish? Markets await Warsh’s Jackson Hole debut for policy clues

Investors are watching closely for shifts in interest-rate and monetary policy during Friday’s symposium.

27 Aug 2026 - 4:17PM

DeepSeek

DeepSeek targets 2027 listing as pre-IPO funding nears close: sources

26 Aug 2026 - 2:56PM

Banking & finance

In Focus | Beijing hits super-rich with 20% offshore tax. What does it mean for Hong Kong?

10 Aug 2026 - 12:05PMvideocam

Millionaires, billionaires and trillionaires

Why 17 people have held title of China’s richest person in past 27 years

ByteDance founder Zhang Yiming tops rankings this year, but vibrant market makes them much more fluid than in US, Hurun says.

1 Aug 2026 - 5:08PM

ByteDance founder Zhang Yiming ranks as China’s richest person this year, with a fortune estimated at US$81 billion. Photo: Weibo

China’s private sector

China’s tycoons rein in charitable donations, switch focus to science, education

One major driver of overall decline in corporate donations has been the prolonged slump in country’s real estate sector.

23 Jul 2026 - 9:00AM

Trending in China

China child influencers slammed for ‘distorting values’ in staged online videos

Controversial now-deleted viral clips featuring online celebrities as young as 3 in focus as Chinese cyberspace authorities toughen rules.

9 Jul 2026 - 6:00PM

IPO

As Musk becomes first trillionaire from SpaceX IPO, will next come from China?

As the initial public offering sees Musk become the first ever trillionaire, China is also seeing growth in its tech uber-rich.

12 Jun 2026 - 7:39PM

Elon Musk in Beijing on May 14. Photo: AP

Trending in China

Profile | Ex-China lecturer sets up luxury lingerie brand, makes US$770 million fortune

Zhang Rongming, who built underwear empire, admits: ‘I never paid attention to what type of lingerie my wife wore’.

22 Mar 2026 - 6:00PM

Made in China 2025

Meow or never: China’s pudgy pets spark race for weight-loss drugs

Fosun and Huadong biotech labs eye feline obesity drugs as owners weigh cuteness against health risks.

7 Jan 2026 - 8:30AM

Huawei

ByteDance deepens robotics push with China talent drive focused on embodied AI

Tech unicorn’s cloud computing unit Volcano Engine is recruiting senior specialists for its foray into humanoid robot development.

6 Nov 2025 - 11:44PM

ByteDance unit Volcano Engine is specifically seeking humanoid specialists rather than general robotics experts. Photo: Shutterstock

Millionaires, billionaires and trillionaires

China minted a new billionaire a day last year, Hurun’s Rich List says

A record 1,434 individuals, each with a net worth of more than US$700 million, have made it onto Hurun’s list of China’s richest people.

28 Oct 2025 - 1:01PM

Zhong Shanshan has reclaimed the No 1 position this year after his fortune surged 56 per cent. Photo: Handout

ByteDance

ByteDance’s higher valuation reflects resilience amid US divestment of TikTok

ByteDance has conducted employee share buy-backs since 2017, reinforcing internal confidence in the company’s long-term growth prospects.

13 Oct 2025 - 8:02PM

ByteDance

ByteDance founder Zhang Yiming makes rare appearance at Shanghai event

One of China’s richest men, Zhang says the Zhichun Innovation Centre in Shanghai continues his focus ‘on talent recruitment and development’.

10 Oct 2025 - 8:30PM

TikTok

TikTok: how a viral app navigated turbulent times to secure its place in the US

A timeline of TikTok’s journey from obscure app to viral global hit.

26 Sep 2025 - 10:39PM

Trending in China

China girl who begged with blind dad gained national profile; gets university place

Mountain girl from family with tortured history of mental illness, disability sets sights on helping others like herself.

7 Sep 2025 - 6:00PM

A girl in China who once begged with her blind father has gained national attention after being admitted to university. Photo: SCMP composite/Douyin/ifeng

China consumption

Beijing urged to curb ‘free milk tea’-style cash burn in e-commerce battle

Instant retail has potential to boost domestic demand, but more government policy support needed to end excessive competition, central bank adviser says.

12 Aug 2025 - 1:32PM

Robotics

TikTok owner ByteDance debuts robotic system in latest AI development

When integrated with GR-3, the bimanual mobile robot ByteMini could insert a hanger into a shirt and hang it on a clothes rack.

24 Jul 2025 - 10:29PM

DeepSeek

DeepSeek’s LinkedIn AI job listings show hunger for international Chinese talent

DeepSeek joins a global scramble for AI talent that includes the biggest players, from Meta and OpenAI to ByteDance and Alibaba.

4 Jul 2025 - 7:00PM

DeepSeek has posted a flurry of job listings on LinkedIn over the past week, all in Mandarin. Photo: dpa

ByteDance

ByteDance pushes recruitment of fresh robotics talent as AI remains a priority

The new recruits are expected to work under ByteDance’s Seed department, which handles AI-related research and development initiatives.

1 Jul 2025 - 6:45PMvideocam

ByteDance

ByteDance founder plays critical role in firm’s AI push despite low profile

Zhang’s involvement in AI research at ByteDance was similar to the role Sergey Brin played at Google, according to local media.

23 Jun 2025 - 7:00PM

DeepSeek

How DeepSeek founder’s doubt led serial entrepreneur to embrace his gift of gab

Founder of defunct smartphone brand Smartisan said DeepSeek’s Liang Wenfeng told him he was among the best in China at ‘earning a living by talking’.

23 Jun 2025 - 6:00PM

Xiaomi

Xiaomi founder stays on as honorary chairman at Chinese software firm

Kingsoft Office is best known for its WPS Office software, a popular local alternative to Microsoft Office.

5 Jun 2025 - 6:00PM

Xiaomi founder, chairman and CEO, Lei Jun. Photo: AFP

Electric & new energy vehicles

Digital cockpit is the key to the Russian EV buyer’s wallet, vendors say

With large screens and high-quality audio systems, Chinese cars are ready to run infotainment software Russian drivers favour, vendor says.

28 Apr 2025 - 3:44PM

US-China relations

Do China and the US need to work together on AI safety? Boao Forum debates

Artificial intelligence experts and business leaders discuss how the world can build effective governance models for all countries.

27 Mar 2025 - 6:13PMvideocam

Alibaba

Alibaba investors hail e-commerce giant’s AI pivot, major outlay

Alibaba’s Hong Kong-listed shares surged 15 per cent on Friday, following an 8 per cent gain overnight in New York.

21 Feb 2025 - 9:00PM

Alibaba’s artificial intelligence investment strategy is expected to boost the company’s efforts to become a major player in this field. Photo: Shutterstock

Robotics

Unitree humanoid robots, backed by Alibaba tech, delight Spring Gala show

The Lunar New Year eve broadcast saw 16 H1 robots join a troupe of human dancers in a unique performance of Chinese folk dance Yangge.

30 Jan 2025 - 1:41PMvideocam

Unitree’s H1 humanoid robots take centre stage to perform at this year’s Spring Festival Gala show. Photo: Unitree

Artificial intelligence

ByteDance in race with US rivals to drive artificial general intelligence

The Chinese unicorn’s Seed Edge programme reflects its aggressive investment strategy, as other major tech firms push their AI initiatives.

24 Jan 2025 - 7:30PM

Nongfu Spring

Billionaire founder of China’s Nongfu Spring pledges to end price war

Low prices are destroying the quality of Chinese products and undermining the economy, tycoon says.

24 Jan 2025 - 11:00AM

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Zhang Yiming

Dovish or Hawkish? Markets await Warsh’s Jackson Hole debut for policy clues

Investors are watching closely for shifts in interest-rate and monetary policy during Friday’s symposium.

DeepSeek targets 2027 listing as pre-IPO funding nears close: sources

.css-1f6sr3w{color:#727272;}In Focus | Beijing hits super-rich with 20% offshore tax. What does it mean for Hong Kong?

Why 17 people have held title of China’s richest person in past 27 years

ByteDance founder Zhang Yiming tops rankings this year, but vibrant market makes them much more fluid than in US, Hurun says.

China’s tycoons rein in charitable donations, switch focus to science, education

One major driver of overall decline in corporate donations has been the prolonged slump in country’s real estate sector.

China child influencers slammed for ‘distorting values’ in staged online videos

Controversial now-deleted viral clips featuring online celebrities as young as 3 in focus as Chinese cyberspace authorities toughen rules.

As Musk becomes first trillionaire from SpaceX IPO, will next come from China?

As the initial public offering sees Musk become the first ever trillionaire, China is also seeing growth in its tech uber-rich.

Profile | Ex-China lecturer sets up luxury lingerie brand, makes US$770 million fortune

Zhang Rongming, who built underwear empire, admits: ‘I never paid attention to what type of lingerie my wife wore’.

Meow or never: China’s pudgy pets spark race for weight-loss drugs

Fosun and Huadong biotech labs eye feline obesity drugs as owners weigh cuteness against health risks.

ByteDance deepens robotics push with China talent drive focused on embodied AI

Tech unicorn’s cloud computing unit Volcano Engine is recruiting senior specialists for its foray into humanoid robot development.

China minted a new billionaire a day last year, Hurun’s Rich List says

A record 1,434 individuals, each with a net worth of more than US$700 million, have made it onto Hurun’s list of China’s richest people.

ByteDance’s higher valuation reflects resilience amid US divestment of TikTok

ByteDance has conducted employee share buy-backs since 2017, reinforcing internal confidence in the company’s long-term growth prospects.

ByteDance founder Zhang Yiming makes rare appearance at Shanghai event

One of China’s richest men, Zhang says the Zhichun Innovation Centre in Shanghai continues his focus ‘on talent recruitment and development’.

TikTok: how a viral app navigated turbulent times to secure its place in the US

A timeline of TikTok’s journey from obscure app to viral global hit.

China girl who begged with blind dad gained national profile; gets university place

Mountain girl from family with tortured history of mental illness, disability sets sights on helping others like herself.

Beijing urged to curb ‘free milk tea’-style cash burn in e-commerce battle

Instant retail has potential to boost domestic demand, but more government policy support needed to end excessive competition, central bank adviser says.

TikTok owner ByteDance debuts robotic system in latest AI development

When integrated with GR-3, the bimanual mobile robot ByteMini could insert a hanger into a shirt and hang it on a clothes rack.

DeepSeek’s LinkedIn AI job listings show hunger for international Chinese talent

DeepSeek joins a global scramble for AI talent that includes the biggest players, from Meta and OpenAI to ByteDance and Alibaba.

ByteDance pushes recruitment of fresh robotics talent as AI remains a priority

The new recruits are expected to work under ByteDance’s Seed department, which handles AI-related research and development initiatives.

ByteDance founder plays critical role in firm’s AI push despite low profile

Zhang’s involvement in AI research at ByteDance was similar to the role Sergey Brin played at Google, according to local media.

How DeepSeek founder’s doubt led serial entrepreneur to embrace his gift of gab

Founder of defunct smartphone brand Smartisan said DeepSeek’s Liang Wenfeng told him he was among the best in China at ‘earning a living by talking’.

Xiaomi founder stays on as honorary chairman at Chinese software firm

Kingsoft Office is best known for its WPS Office software, a popular local alternative to Microsoft Office.

Digital cockpit is the key to the Russian EV buyer’s wallet, vendors say

With large screens and high-quality audio systems, Chinese cars are ready to run infotainment software Russian drivers favour, vendor says.

Do China and the US need to work together on AI safety? Boao Forum debates

Artificial intelligence experts and business leaders discuss how the world can build effective governance models for all countries.

Alibaba investors hail e-commerce giant’s AI pivot, major outlay

Alibaba’s Hong Kong-listed shares surged 15 per cent on Friday, following an 8 per cent gain overnight in New York.

Unitree humanoid robots, backed by Alibaba tech, delight Spring Gala show

The Lunar New Year eve broadcast saw 16 H1 robots join a troupe of human dancers in a unique performance of Chinese folk dance Yangge.

ByteDance in race with US rivals to drive artificial general intelligence

The Chinese unicorn’s Seed Edge programme reflects its aggressive investment strategy, as other major tech firms push their AI initiatives.

Billionaire founder of China’s Nongfu Spring pledges to end price war

Low prices are destroying the quality of Chinese products and undermining the economy, tycoon says.

In Focus | Beijing hits super-rich with 20% offshore tax. What does it mean for Hong Kong?