TikTok rival Kuaishou becomes the latest Chinese tech firm to reshuffle its leadership
CNN
Kuaishou, the Chinese short video-sharing app that's known as a popular alternative to TikTok, has replaced its CEO — the latest leadership reshuffle in Chinese tech.
The Beijing-based company announced late Friday that co-founder Su Hua was stepping down from the role, while staying on as chairman of the board.
Su's fellow co-founder, Cheng Yixiao, was appointed chief executive, which took effect on Friday. Kuaishou said that Su would be dedicating more time going forward to its long-term strategy, while Cheng assumed responsibility of day-to-day operations.
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