Kuaishou founder’s exit adds to the queue of tech CEOs who have quit in 2021 as regulatory pressure mounts on short video industry

Source: China – South China Morning PostSu Hua’s surprising resignation from the CEO position of Kuaishou Technology reflects the struggle for China’s No. 2 biggest short video operator amid an ever-changing regulatory and market landscape, analysts said.Su, a 39-year-old self-made Chinese billionaire who has been the CEO of Kuaishou from day one, stepped down from the frontline role on Friday, leaving the day-to-day operation of his short video business empire to his long-term partner Cheng Yixiao.By doing so, Su has joined a…Read More

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