Billionaire Xavier Niel (founder of Free, 26% shareholder in Unibail-Rodamco-Westfield, Teract – formerly 2MX Organic – Founder of Lunettes Pour Tous) has joined the Board of Directors for Chinese group ByteDance (parent company of TikTok, 2023 sales of US$120 billion, up by 40%). On August 30, his details were published on the website of the Chinese giant, which confirmed the appointment. Niel replaces Philippe Laffont, head of the U.S. fund Coatue Management, alongside Chinese investor...
Xavier Niel joins the board of directors of ByteDance, parent company of TikTok
TikTok has until the end of January 2025 to meet an ultimatum set by the USA. Meanwhile, Frenchman Xavier Niel joined the Board of Directors of ByteDance, TikTok's parent company.
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