China’s No 2 short video company Kuaishou appoints new CFO amid steep losses, share price rout

Source: China – South China Morning PostKuaishou Technology, the company behind China’s second-largest short video platform, has appointed a new chief financial officer as it tries to narrow steep losses amid Beijing’s regulatory crackdown and stiff competition from rival ByteDance.Jin Bing, who previously served as CFO of live-streaming company Joyy and online tutoring company Zuoyebang, will replace Nicholas Yik Kay Chong, who will serve a two-year term as senior adviser to the firm, according to a Kuaishou statement issued Monday…Read More

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