Friday, April 23, 2021

ByteDance says it has no immediate plans for public listing

ByteDance last month hired former Xiaomi executive Shou Zi Chew to a newly-created role as chief finance officer, suggesting the tech company was moving a step closer to a much-anticipated IPO. https://ift.tt/3gAV1Vm
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Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared to a loss a year earlier (Bloomberg)

Bloomberg : Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared...