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Dangdang founder Li Guoqing
Posted inHeavy Hitters

Briefing: Co-founder of China’s once touted Amazon announces his departure

by Emma Lee Feb 21, 2019Jun 8, 2020

Despite Dangdang’s early rise to prominence, the online bookseller is gradually losing the battle with younger competitors.

Jiang Fan Alibaba
Posted inHeavy Hitters

Alibaba removes youngest partner Jiang Fan after affair accusation

by Emma Lee Apr 27, 2020May 5, 2020

Jiang Fan was widely seen as a potential successor of Zhang Yong, the current CEO of Alibaba Group. This tough career setback of the 35-year-old Jiang might mean a change to the e-commerce giant’s succession plans.

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  • New energy vehicle registrations in China exceed 10 million Jul 7, 2022
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  • US politicians call for investigation into TikTok over data security Jul 6, 2022
  • Xiaomi starts phone production in Vietnam Jul 6, 2022
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