Billionaire who missed out on TikTok is trying to beat it
In 2017, Su Hua, the founder of a Chinese startup called Kuaishou Technology, was on the verge of closing the biggest deal of his career -- the acquisition of a fledgling video service that would become TikTok. But arch-rival ByteDance Ltd swooped in with a better offer, and Su missed out on what has become a global sensation.
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In 2017, Su Hua, the founder of a Chinese startup called Kuaishou Technology, was on the verge of closing the biggest deal of his career -- the acquisition of a fledgling video service that would become TikTok. But arch-rival ByteDance Ltd swooped in with a better offer, and Su missed out on what has become a global sensation.
