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Kuaishou restructures operations to improve efficiency

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Kuaishou restructures operations to improve efficiency

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Early Newspaper

Yan Qiang, Kuaishou’s senior vice president who led the short video apps’ early commercialization efforts, will leave the company due to “personal reasons” on October 24, according to an internal letter made public on Tuesday. Wang Jianwei, the firm’s head of product, will assume Yan’s role. The Douyin rival also announced organizational restructures, streamlining operations by merging departments into four major business groups: e-commerce, commercialization, globalization, and gaming. [Jiemian, in Chinese]

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Kuaishou restructures operations to improve efficiency