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Searching for "David Wei"
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Alibaba Investigates Taobao Staff Bribes
China Business News, 5/07/12
Over the weekend, Chinese e-commerce conglomerate Alibaba Group issued an open letter to the media and its shareholders in which it listed a total of nine online shops previously operating on its B2C and C2C e-commerce subsidiary Taobao that have been permanently shut down due to suspected bribery and other misconduct. Read More
Alibaba.com CEO, COO Resign Over Fraud Investigation
Hong Kong Exchanges and Clearing, 2/21/11
Chinese B2B e-commerce company Alibaba.com (1688.HK) has announced that David Wei has resigned as CEO and executive director, and been replaced by Jonathan Lu, CEO and president of Chinese B2C & C2C e-commerce website Taobao. Read More
Alibaba.com to Expand AliExpress Through Acquisitions
Sina Tech, 8/18/10
CEO David Wei told overseas media today that Alibaba.com (1688.HK) will "definitely" make acquisitions in the next few quarters, particularly to improve its small-order international B2B wholesale platform AliExpress. Read More
Rumor: Alibaba Secretly Opens Talks for PayPal Support
Tencent Tech, 3/11/10
Due to a downturn in small foreign trade business, David Wei, CEO of B2B e-commerce site Alibaba.com (1688.HK), has reportedly entered secret discussions with rival eBay to obtain PayPal support for Alibaba.com in order to appeal to overseas buyers, said an industry source. Read More
Alibaba CEO: 1688 is "Strategic Upgrade" to Alibaba.com
Beijing Times, 3/10/10
David Wei, CEO of Hangzhou-based B2B e-commerce site Alibaba.com (1688.HK), said that the newly-launched 1688.com is not a new website but rather a strategic upgrade for Alibaba.com.cn, and both domains will co-exist to provide members with two access points. Read More
Alibaba to Restructure into Domestic, Overseas Businesses
Sina Tech, 7/30/09
Chinese B2B e-commerce firm Alibaba.com (1688.HK) will begin corporate restructuring on August 1, including splitting its operations into domestic and international businesses while strengthening cooperation on domestic business with its sister firm Taobao to provide vendors with distribution channels. Read More
Alibaba to Invest USD 30 Mln in Overseas Marketing
CCID, 4/20/09
David Wei, CEO of B2B e-commerce site Alibaba.com (1688.HK), recently stated that the website will intensify overseas development efforts in 2009, with plans to invest USD 30 mln toward overseas marketing. Read More
Alibaba Launches E-Commerce Aid Program
21st Century Business Herald, 10/16/08
On October 15, Jack Ma, CEO of e-commerce firm the Alibaba Group, launched the "10,000 Enterprises E-Commerce Project" for small and medium enterprises (SMEs). Read More
Alibaba Enters Japan on Softbank's Dime
TechWeb, 5/07/08
Alibaba (1688.HK) CEO David Wei has indicated that a deal has been reached with Softbank on investment in a Japanese Alibaba site. Read More
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