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Searching for "Lucy Peng"
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Rumor: Alibaba to Overhaul Wireless Business Leadership
Ebrun, 2/20/14
According to an industry insider, Chinese e-commerce conglomerate Alibaba Group has begun major personnel changes to the company's wireless division, with all current executives in the division to be replaced. Read More
Taobao Accounts for Under 50% of Alipay Transactions
Netease Tech, 10/19/12
Eric Jing, CFO of online payment platform and Alibaba Group subsidiary Alipay, recently disclosed that non-Taobao-related transactions account for more than 50% of Alipay's over all business, with TMall accounting for approximately 30% of payments handled. Read More
Taobao Splits into Three Independent Companies
Alizila PR, 6/16/11
In an e-mail to the staff of Hangzhou-based C2C & B2C e-commerce subsidiary Taobao, Alibaba Group chairman and CEO Jack Ma today announced that Taobao will be split into three companies - online search engine eTao, B2C and C2C platform Taobao Marketplace (Taobao.com), and B2C platform Taobao Mall - with independent management teams. Read More
China's Central Bank to Launch New Payment System in June
West China Metropolis Daily, 4/14/10
Su Ning, deputy director of the People's Bank of China, revealed that the bank's second-generation payment system will launch in late June. Read More
Baidu CFO Responds to Keyword Price Inflation
Shanghai Morning Post, 4/13/10
Speaking in response to increased prices for a portion of keywords on Chinese search engine Baidu (Nasdaq: BIDU), CFO Jennifer Li has said that the prices for some keywords have indeed increased, but that increases across certain industries do not reflect an overall price increase. Read More
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