English
Washington DC: You must heard about many stories where interns who worked at very basic levels in corporate but rose to higher levels at the end of their careers. One such story is that of Shou Zi Chew, who once interns at Facebook (now Meta), is now the CEO of TikTok and is directly challenging Mark Zuckerberg’s company. Born in Singapore, Chew earned an economics degree from University College London and an MBA from Harvard Business School. During his studies, he did a summer internship at Facebook. Here are all the details you need to know about Shou Zi Chew who is now challenging Mark Zukerberg’s Meta.
Chew became CFO of Xiaomi in 2015 and played a key role in the company’s listing. After working there for nearly six years, he joined ByteDance in 2021. Chew initially served as CFO and was appointed CEO of TikTok that same year, which changed the way Tik Tok worked, and led to its massive global success.
Under his leadership, TikTok rapidly gained popularity, reaching over 1 billion users worldwide, which made TikTok the biggest competitor of Mark Zukerberg’s Meta. The US alone has over 150 million users, making it Meta’s biggest rival. Mark Zuckerberg attempted to acquire Musical.ly in 2016, which ByteDance later acquired and merged with TikTok. Readers should also note the fact that Meta’s own app, Lasso, failed and had to be shut down in the year 2020.
TikTok’s success has also been accompanied by controversy. The US government considers it a security threat, and Chew has had to defend himself to lawmakers several times.
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