0
Broadband

Youku president resigns amid anti-corruption investigation

Tuesday 4 December 2018 | 12:19 CET | News
Chinese online video hub Youku, owned by Alibaba Group, has announced that Yang Weidong has resigned from his position of company president. He is understood to be assisting the police with an investigation into "an alleged case of seeking economic benefits", TechCrunch reports, citing a spokesperson for the business group. Fan Luyuan, who currently serves as chairman and CEO of Alibaba Pictures, will replace Weidong as Youku president. Luyuan will remain in his roles with the film group following the additional appointment.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Alibaba
Countries: China
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Youku to co-produce, distribute children's content with BBC, Genius Brands, Viacom

Published 21 Oct 2019 11:44 CET | China
Youku, the Alibaba-owned online video hub, has signed partnership agreements with global entertainment companies BBC Studios, ...

Alibaba revenue growth slows, margins decline in December quarter

Published 30 Jan 2019 15:33 CET | China
Chinese e-commerce group Alibaba reported a slowdown in revenue growth and lower margins in the December quarter, suggesting it ...





Calendar   /   Industry Events

25 Jul Fiber Connect
26 Jul Orange Belgium Q2 2021
26 Jul Logitech fiscal Q1
26 Jul Calix Q2
26 Jul F5 fiscal Q3
27 Jul Alphabet Q2
27 Jul AudioCodes Q2 2021
27 Jul SK Hynix Q2
27 Jul A10 Networks Q2
27 Jul Corning Q2
27 Jul MediaTek Q2 2021
27 Jul NortonLifeLock fiscal Q1
27 Jul Microsoft fiscal Q4
27 Jul TIM Brasil Q2 2021
27 Jul KPN Q2 2021
27 Jul Juniper Networks Q2 2021
27 Jul Telefonica Brasil Q2 2021
27 Jul TIM Q2 2021
28 Jul Spotify Q2 2021
28 Jul Cirrus Logic Q1
28 Jul Telefonica Deutschland Q2 2021
28 Jul Ribbon Communications Q2 2021
28 Jul Facebook Q2
28 Jul Equinix Q2
28 Jul Extreme Networks fiscal Q4
28 Jul Altice USA Q2
28 Jul Qualcomm fiscal Q3
28 Jul Ooredoo Q2 2021
29 Jul Casa Systems Q2
29 Jul Citrix Systems Q2
::: More Calendar Items