Zhang Yiming, CEO of ByteDance, has announced that he will be stepping down from the role of CEO at the end of the year to focus on the company’s long-term. This is the second high-profile CEO to leave its hugely popular venture as Colin Huang, founder of PDD, announced earlier this year that it will take a step back from the company. 

Tencent-backed Chinese jobs portal Boss Zhipin files for a $100m US listing. With 25m MAU, 85.8m certified job seekers, and 13m certified companies ZhiPin is by far the lead player in the market. 

Finally, TuSimple’s Self-Driving Truck Tech Cuts 10 Hours From Full-Day Route. They tested the autonomous trucks on a watermelon transportation route more than 900 miles long from Nogales, Arizona, to Oklahoma City, Oklahoma, and found that the rigs cut 10 hours off a trip that takes 24 hours with regular trucks and human drivers. Although the company did not break down the test journey in detail, the time saved is likely to consist of hours normally spent by human drivers on mandatory rest and sleep. 

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