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

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

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

Su 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…

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By | 2021-11-01T23:00:23+00:00 November 1st, 2021|Technology|Comments Off on Kuaishou founder’s exit adds to the queue of tech CEOs who have quit in 2021 as regulatory pressure mounts on short video industry