- Last week Baidu announced after two years of searching the appointment of Li Yinan as the new Chief Technology Officer for China's leading search engine. Just when everything began to fall into place and we were getting ready for a season Googlesque innovation, rumours began to fly that William I. Chang, Baidu's Chief Scientific Officer was planning to resign because he didn't like his new job scope. Not sure though how much of a rumour it is when they have already named his successor.
- To make CEO Robin Li's life even more stressful, Baidu's next big push will be into the e-commerce arena with the launch of youa.com may be thwarted by Alibaba Group's announcement that it will invest another RMB5 billion into its own online Taobao.com to strengthen its 57% market share. Of course Alibaba claims that this had nothing to do with fending off Baidu and we of course believe them.
- In its own corporate reshuffle, Alibaba has for the first time in its five year history appointed a COO. Zhang Yong, former CFO was promoted to fill the void left by Huang Ruo, the former VP and B2C business director who resigned at the end of September.
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Results tagged “nielsen”
China Tech Roundup: Baidu vs Alibaba, Unicom vs China Mobile and Duke Nukem' vs Forbidden City.
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