News

November 28, 2006

Yahoo China chief resigns after six weeks

For personal reasons

Sumner Lemon

Yahoo China's top executive has resigned from the position for "personal reasons" after just six weeks on the job, Yahoo's local partner Alibaba.com has reported.

Xie Wen joined Yahoo China as president on 17 October. Alibaba did not offer further details surrounding his decision to leave the company.

Following his resignation, Xie will continue to serve as a consultant to Alibaba, the Chinese internet company said. Xie is replaced by Zeng Ming, senior vice-president of Alibaba, who has been involved with strategic planning for Yahoo China since joining the company in August.

Alibaba acquired Yahoo's struggling Chinese operations in 2005 as part of a deal that saw Yahoo invest more than $1bn (about £514m) in the Chinese company, which operates e-commerce sites for business and consumers. Alibaba is in the process of turning Yahoo China into a community portal site and search engine – a transformation that company executives say will take several years to complete.

<<newer story | back to index | older story>>

What is this?

Subscribe to PC Advisor now and claim your FREE gift

Keep up to date by adding PC Advisor News to your iGoogle home page or Google Reader


Google

Search

Recent reviews

Reviews index


Latest reader comments

Latest reader comments


Top news

News index


Latest blog entries

Blogs index


 Our RSS feeds

Sponsored Content

  • Take the internet to new places with the Nokia N800
    Communicate how you want to, where you want to with instant messaging, email and internet calling. View movies, browse the internet wirelessly and watch TV on the high-resolution screen and listen through high-quality stereo speakers with headphone jack.
    Buy now