Douyin veteran Chen Lin resigns to start a business? Informed sources: This is not true.

There are reports that Chen Lin, former Senior Vice President and former head of the education business at ByteDance, has left to start a new venture, "Galaxy Smart Learning", with former senior executive at iFlytek, Wang Zhuo. They have registered the trademark "Little Deer Loves Learning" and are expected to launch an AI education product targeted towards schools in August. In response, a source close to ByteDance stated that Chen Lin's departure is not true. Public information shows that Chen Lin joined ByteDance in 2012, working as a product manager for several core products. In late 2018, he became the CEO of TikTok, and two years later was appointed CEO of Dali Technology.