It should be remembered that last year, Mayer, who contributed to the launch of the streaming service Disney Plus, spent only three months at the helm of TikTok. In addition, in his resignation letter he mentioned that one of the reasons for his departure was the threat of the former president of the United States, Donald Trump, to ban the social network unless it was sold to a US entity.
“Shou brings a deep understanding of the company and the industry, having led a team that was among our earliest investors and having worked in the technology sector for a decade. It will bring depth to the team, focusing on areas including long-term operational governance and business initiatives, “said Yiming Zhang, CEO of ByteDance in a statement.
Shou Zi Chew, 38, studied for a BA in Economics at University College London in 2006. He later joined Goldman Sachs in London, where he spent a couple of years focusing on investments in technology, media and telecommunications.
In 2010, he joined the investment firm Internet DST, owned by billionaire Yuri Milner, where he participated in the shares of this firm with Chinese technology giants such as JD.com or DiDi.