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TikTok’s sibilng company Douyin has undergone a significant organizational restructuring in its lifestyle services business, according to Chinese news media LatePost. The company has elevated its hotel and travel business division to a first-level department under its lifestyle services business, on par with its in-store services. Li Wei, the sales manager of Douyin’s lifestyle services, […]

Xpeng Motors has merged its direct and channel sales teams, which until recently had always operated as two separate units, in a move that aims to provide more centralized control over pricing and create more effective sales processes, Chinese media outlet Jiemian reported on Wednesday. Sources said the two teams used to step on each […]

Xpeng’s newly appointed CEO assistant Li Pengcheng stepped down as the EV maker continues to adjust its structure. The automaker has seen poor car sales in the last several months and faced heated criticism on pricing and specs after launching its first premium crossover model, G9, in September. Wang Tong, a vice president at Xpeng […]

Chinese short video app Kuaishou once again adjusted its organizational structure on Tuesday, with the former head of product development Wang Jianwei replacing Liu Feng, who had served as head of the commercial department for less than three months. Yu Yue, leader of the community science section, will also now be in charge of the […]

Xpeng Motors plans to do a major reorganization by setting up five new committees and three cross-functional teams for different vehicle platforms as the Chinese auto company aims to encourage collaboration and boost efficiency. The move comes amid a slowdown in car sales and a decline in Xpeng’s share price. Chief executive He Xiaopeng will […]

Alibaba announced on Monday that deputy chief financial officer Toby Xu to replace Maggie Wu as the company’s chief financial officer next April. Separately, the company said it will create two new units for domestic e-commerce business and international e-commerce business. Trudy Dai will lead the domestic unit, and Jiang Fan will head the global one. The Chinese e-commerce giant overhauls its business structure at a time of increasing regulatory pressure and rising competition. [Reuters]

Meituan has completed an internal restructure, separating its ride-hailing and robot delivery businesses into two stand-alone units, LatePost reported Monday, citing unnamed sources. The restructure came as Meituan goes after Didi’s market share as Didi mires in a cybersecurity review that began in July. In October, Meituan provided around 1 million trips every day, only one-fifth of its rival Alibaba’s Amap, the report said. [LatePost, in Chinese]

Nio delivered 3,667 vehicles in October, its lowest-ever monthly delivery number since last August and a 65% plunge from September. The company said it significantly scaled back its production during the first half of last month to restructure production lines and prepare for new vehicle model deliveries. Nio’s competitors Xpeng and Li Auto delivered 10,138 and 7,649 vehicles in October, respectively. [Nio statement]