management Archives

Meituan Launches One-stop Enterprise Consumption Management Solution

Chinese food delivery giant Meituan launched "Meituan Enterprise Edition" on April 13, a one-stop service for enterprise consumption management. A new brand image and app were set for the service.

Ant Group Initiates Largest Executive Rotation in Nearly 7 Years at Alipay

Chinese fintech giant Ant Group's Alipay business group has recently launched its largest executive rotation in nearly seven years. The reshuffle involved multiple departments and resulted in changes to the positions of several vice presidents and senior directors.

Chinese Chip Startup Biren Technology’s Cofounder Golf Jiao Quits

Golf Jiao, a co-founder and General Manager of the Graphics GPU product line at Chinese chip start-up Biren Technology, has resigned.

Baidu Founder Robin Li Discusses Firm’s Management and Business Problems

At the end of December, Baidu founder Robin Li held an internal livestreaming session for all employees and pointed out many internal management and business problems.

ByteDance’s TikTok Appoints New Division Head Transferred From Toutiao

The e-commerce arm of ByteDance-owned TikTok will see Kevin Chen, the current the head of news aggregator Toutiao, lead its product and data science division.

Xiaomi Changes Management, William Lu to Succeed Wang Xiang as President

Lei Jun, founder and CEO of Chinese smartphone manufacturer Xiaomi, issued an internal letter on December 22, announcing that Wang Xiang, President of Xiaomi, will retire at the end of the month and continue to serve as a senior consultant.

Tencent Founder Pony Ma Emphasizes Costs and Efficiency, Points Out Severe Internal Corruption

Tencent recently held an online internal staff meeting to discuss reducing costs and increasing efficiency. About 100 employees attended the meeting, during which firm founder Pony Ma delivered a sharp speech, pointing out the problems with the company's internal management.

JD.com Founder Richard Liu Condemns Firm Executives in Email, Adhering to Low-Price Strategy

Richard Liu, the founder and former CEO of Chinese e-commerce giant JD.com, emphasized that low prices are the core competitiveness of the retail industry.

Kuaishou Adjusts E-Commerce and Commercialization Teams

Kuaishou's e-commerce and commercialization divisions are preparing for the upcoming Kuaishou November 6 (116) Shopping Festival, and the effect of this round of adjustments will also appear after the shopping event.

Once Again, Belinda Wong Serves As CEO of Starbucks China

On October 11, Starbucks China announced to employees that Belinda Wong, the chairwoman of the firm, was re-appointed as CEO, and Leo Tsoi, the current CEO, will serve as a consultant to the Chinese management team over the next three months.

Huawei Executive Director Ryan Ding Dies of Sudden Illness

During the late hours of October 7, Huawei released an internal message stating that Ryan Ding, Deputy Chairman of the firm's supervisory board, had died early that morning at the age of 53 due to a sudden illness.

EV Firm Faraday Future Adjusts Board and Obtains $100M in New Financing

On the evening of September 26, Faraday Future announced that it had reached a final agreement with FF Top Holding LLC, a major shareholder of the firm, on financing and board reorganization.

Supercell’s Former Head of Global Studio Jim Yang Joins miHoYo

Jim Yang, the former General Manager and Head of Global Studio at Finnish game firm Supercell, joined Genshin Impact's developer miHoYo earlier this month.

HCM SaaS+ Platform CDP Group Applies for Hong Kong Listing

Human capital management (HCM) SaaS+ platform CDP Group recently submitted another prospectus to the Hong Kong Stock Exchange, after its initial application lapsed at the beginning of this year.

Founder Pan Shiyi Resigns as Chairman of Soho China’s Board of Directors

On September 7, Soho China, a commercial real estate developer listed on the Hong Kong Stock Exchange, announced that Pan Shiyi has resigned as Chairman of the Board while Zhang Xin resigned as CEO of the company.

Tencent COO Withdraws From Sea’s Board of Directors

On September 6, Singapore-based tech firm Sea Limited announced that Mark Ren, the chief operating officer of Tencent, had resigned from its board of directors, effective September 5.

CTO of Alibaba’s Overseas E-Commerce Operations Leaves Firm

Tang Xing, the CTO of Alibaba's overseas e-commerce operations and the general manager of AliExpress Basic Platform Center, has left the firm.

TikTok Parent ByteDance Says No Plans to Go Public

On August 31, Beijing-based tech company ByteDance held an All Hands staff meeting event. During the more than one-hour event, management responded to many problems and challenges facing ByteDance at present.

Baidu Capital Appoints Li Xiaoyang as New CEO

Baidu Capital, a fund jointly launched by Beijing-based internet giant Baidu, Inc. and China Life Insurance Company, on August 25 appointed Li Xiaoyang as the new CEO.

Ni Xingjun Steps Down From Ant Group Blockchain Company

Ant Group Blockchain Technology (Shanghai) Co., Ltd. issued an official change on August 3 to its registration with China's Industrial and Commercial Administration, switching its legal representative from Ni Xingjun to Zou Liang.

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