Dangdang was once a top e-commerce platform, but a drawn-out power struggle as well as divorce drama between Li and his ex-wife and co-founder has clouded the company’s future.
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Alibaba removes youngest partner Jiang Fan after affair accusation
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.
