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... group with extremely broad business, Douyin's high-level structure is actually very complicated. At the top is the board of directors, and below is a group of more than 70 senior executives headed by the CEO. They are in charge of various business sectors such as Douyin, film editing, e-commerce live broadcast, advertising, novel headlines, and life services.

(Insert: The equity structure and personnel relationships behind the Douyin Group in the real world are far more complicated than ...

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