After a week of personal scandals involving guys like Jiang Fan and Li Guoqing, we’ve been thinking about how common bad behavior is in tech.
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.
New technology, markets hold promise but gloomy economy and increased regulatory control pose threats.
Rumors have circulated for some time that Taobao Read (our translation), the digital publishing business of Alibaba Group, was dissolved last month. An anonymous Taobao Read employee and other people close to the matter have confirmed the closure at Zhihu.com, a Quora-like Q&A and content sharing platform. The Taobao Read app and published e-books currently […]
Taobao — “exploring treasures” in Chinese — now is a household name in China. Ten years ago, Alibaba wanted to try out the online auction by putting up a Nokia phone online. That phone turned out to be the first item on the customer-to-customer platform. eBay-like auction, however, never prevailed in China. Taobao simply became the biggest marketplace for online […]