Alibaba CEO Zhang Yong Resigns as Weibo Director
Leading Chinese microblogging platform Weibo announced on Monday that Chris Tung, CMO of Alibaba Group, has been appointed as a member of the company’s board of directors, and Zhang Yong, CEO of Alibaba, has resigned from the position of company director with immediate effect.
In 2013, Alibaba reached strategic cooperation with Weibo and acquired 18% of …
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