The downsizing follows a round of restructuring earlier this year, as Netease seeks to increase its focus on its two main businesses — e-commerce and gaming.
Search results
Posted inHeavy Hitters
Lenovo China restructures to become more customer-centric
A previous restructuring last May helped boost its faltering finances.
Posted inTurf Wars
Baidu restructures to focus on AI and cloud computing
The newly-formed department will be considered the cradle of “new growth engines.”
Posted inOn the Cusp
Briefing: Didi restructures amid safety and monopoly concerns
The murder of two passengers has exposed Didi and China’s ride-hailing industry to increased scrutiny.
Posted inHeavy Hitters
Alibaba restructures to focus on cloud computing and new retail
Alibaba restructures business structure two months after Tencent.
Posted inHeavy Hitters
Chinese travel firms restructure apps to comply with new e-commerce law
The law doesn’t just prohibit fake products and reviews on shopping sites like Taobao.
Posted inHeavy Hitters
Xiaomi restructures mobile phone business as company moves away from ‘flat’ structure
The restructuring follows reports that Xiaomi is trying to become ‘more regulated.’
Posted inHeavy Hitters
Briefing: Tencent stocks drop to lowest point in 15 months
Tencent stock price drop is not only about China’s crackdown on gaming.
Posted inThe Numbers
Briefing: Xiaomi purchases 0.5% stake in electronics giant TCL
The investment and cooperation agreement with Xiaomi could streamline TCL’s move away from consumer electronics.
Posted inHeavy Hitters
Briefing: Faraday Future settles months-long dispute with investor Evergrande
Both parties have agreed to drop all litigation against each other.
