Here's how a 35-year-old creates most valuable start-up Bytedance

Bytedance is among the largest of a new generation of Chinese internet giants challenging the longstanding dominance of Tencent Holdings and Alibaba Group Holding

When Zhang Yiming first shopped the idea of a news aggregation app powered by artificial intelligence six years ago, investors including Sequoia Capital, were skeptical.
 
Back then, the question was how a 29-year-old locally trained software engineer could outsmart the numerous news portals operated by the likes of social media behemoth Tencent Holdings and extract profit where even Google had failed.
 
General Atlantic had no immediate comment, while KKR didn’t respond to an emailed query.
 
The Information first reported that the Chinese company was in talks with SoftBank and KKR about a deal.
 
Bytedance is among