ByteDance has hired Julie Gao, a prominent name in the legal sector, as its new chief financial officer, filling a role that had been vacant for months after the TikTok owner put its IPO plan on hold last year. The appointment of a new CFO has revived market speculation about a potential ByteDance IPO, although a spokesperson for the company denied any imminent listing plans when Bloomberg inquired about the matter. Gao, former head of the China practice at international law firm Skadden, led the IPOs of internet giants including JD, Baidu, and Didi. She also worked with ByteDance for its acquisition of TikTok predecessor Musical.ly and game developer Moonton. She will work out of ByteDance’s offices in Hong Kong and Singapore, according to the company.

Kuaigou Dache, the logistics platform operated by Chinese classifieds giant 58.com, on April 24 reported a widening loss for 2021 despite record revenues as it struggles to secure a bigger market share. The carrier, which also operates in Hong Kong as GoGoX, posted a RMB 873 million ($133 million) loss in 2021, an increase of 32.7% from the previous year, while revenues grew 24.6% to RMB 661 million, according to an updated IPO prospectus issued by the firm. In contrast, rival Full Truck Alliance made a profit of RMB 450 million last year while revenues jumped 80.4% to RMB 4.7 billion.

Pony.ai said on Sunday that it has received permission to charge a fee for offering autonomous ride-hailing services to the public in parts of the southern city of Guangzhou. Starting May, a total of 100 of the firm’s self-driving vehicles will be allowed to operate commercially on public roads in Guangzhou’s Nansha district between 8:30 a.m. and 10:30 p.m., as long as there is a human safety driver behind the wheel. The Toyota-backed company launched a pilot ride-hailing app for free among selected users in the city in December 2018, and claimed that it had provided 700,000 rides in Guangzhou and Beijing as of mid-April this year.

Update: ITHome, the news source, updated its original report a day after the publication and said the reported WeChat feature wasn’t new, and the reshare function doesn’t show the original link source.

WeChat rolled out a new test version on Saturday, testing a new feature for Moments, a social sharing channel within WeChat, ITHome reported on Saturday. The feature allows users to reshare content posted by others. Users can press and hold any post on Moments to activate the reshare function. The feature will make it easier for WeChat to track the source of popular posts. In the new version, WeChat also added more support for embedding images and files in group announcements.

The US Securities and Exchange Commission (SEC) added seventeen US-listed Chinese companies to its provisional delisting list, identified under the Holding Foreign Companies Accountable Act in the US. Some of China’s major tech-related firms are included, such as coffee chain Luckin, electric vehicle maker Li Auto, Q&A platform Zhihu, and online housing firm KE Holdings. The US regulator has given these companies 15 business days to submit evidence to oppose the commission’s charge, with a deadline of May 12.