China's Kuaishou says co-founder to step down as CEO

China's Kuaishou says co-founder to step down as CEO

FILE PHOTO: The logo of Chinese video-streaming startup Kuaishou is seen in Beijing, China May 10, 2017. Picture taken May 10, 2017. REUTERS/Stringer

Short-video apps owner Kuaishou said on Friday that its cofounder Su Hua was  stepping down as chief executive with immediate effect and would be succeeded by the company’s other founder Cheng Yixiao.

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