Two former executives of Baidu.com join Bytedance

2020-08-27
|
Lynn Lin

Recently, Wu Haifeng and Sun Wenyu, two of the five executives who had quitted Baidu out of the blue in May last year, have joined Bytedance.


On May 1, 2019, after leaving Baidu, Wu Haifeng and Sun Wenyu co-founded a company named 1024 Technology Co., Ltd., whose business is concerned with medical information. According to the business information, Wu Haifeng holds 46% of the shares and Sun Wenyu holds 31%. No external shareholders are introduced.


As Wu Haifeng and Sun Wenyu had signed non-compete agreement with Baidu, they were not allowed to work with Baidu’s competitors in a period of one year after the employment ended. The one-year period has expired when Wu and Sun joined Bytedance.


According to some reports, Wu and Sun also plan to have their company merged to Bytedance. Many directors and other personnel who used to work under Wu Haifeng also have quitted Baidu.com. Some of them join Bytedance with the merger of 1024 Tech to Bytedance, including Tan Dai, the chief architect of Baidu.com, who has a good reputation in the industry.


It is said that Wu Haifeng would be in charge of the medical division of Bytedance, which covers the business concerning medical information and Internet medical care.


RELATED ARTICLES

Baidu Huangpu Academy has cultivated 135 chief AI architects
2020-09-13
|
Artificial intelligence

Tencent wholly acquires Leyou Technology with USD 1.5 bln
2020-09-12
|
M&A

Xiaoyinghe closes seed round of two mln yuan
2020-09-12
|
PEVC , Internet

ACTOYS wholly acquired by Bilibili
2020-08-27
|
PEVC , Internet , e-commerce , Entertainment

Guangdong's game industry revenue exceeded 100 billion in first half of 2020
2020-08-23
|
Game , Guangdong Province

ByteDance subsidiary invests in MYBO Game
2020-08-21
|
Game , Entertainment

IFLYTEK enters medical device market, bringing fiercer competition
2020-07-29
|
Healthcare , Medical device

Lixiang Automotive reportedly to receive US$500 million in Series D financing
2020-06-25
|
Automotive , PEVC

Narwal closes Series C round led by Sequoia Capital China
2020-06-24
|
PEVC , Robotics

Baidu completes merging of cloud-based game vendor Redfinger
2020-06-10
|
Game , Internet , M&A
China SDG