Kuaishou’s Su Hua to step down as CEO, following moves by ByteDance and Pinduoduo founders amid China’s tech crackdown

Source: China – South China Morning PostKuaishou Technology co-founder Su Hua is stepping down as CEO, becoming the third member of a new generation of Chinese technology billionaires to relinquish control in day-to-day operations of their companies amid the government’s protracted industry crackdown.The 39-year-old entrepreneur said he is stepping aside to focus on developing the company’s long-term strategy. Taking over as CEO is long-time collaborator Cheng Yixiao, who created Kuaishou a decade ago as a tool to create and share…Read More

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