Alibaba Group Appoints New Executives

Following the recent change of its chief executive officer, Chinese e-commerce group Alibaba has now announced new executive appointments.

UCWeb CFO: UCWeb To Launch IPO In 2013

Roy Rong, chief financial officer of Chinese Internet company UCWeb, revealed during an interview in Bloomberg’s office in San Francisco that the company plans to launch its initial public offering in 2013.

China’s Ku6.com CFO Resignation Comes In Wake Of Board Turbulence

Shen Xiaotong, chief financial officer of Ku6.com, has resigned due to personal reasons, and Feng Jie, the company’s vice president for finance, will temporarily command the CFO position.

Dangdang.com CFO Resigns

Chinese B2C e-commerce website Dangdang.com announced that its chief financial officer Conor Chia-huang Yang has resigned due to personal reasons.

Baidu’s Internet Search Engine Revenues Surge In China

Chinese search engine company Baidu Inc. announced its unaudited financial results for the second quarter ended June 30, 2011, and stated that as its tax rate increased, so did its profit.

Rumors Flow In China For Dangdang.com’s E-Commerce IPO In The USA

Amidst a shuffle of blog posts and news reports in China, rumors are forming that Chinese e-commerce company Dangdang.com is planning an initial public offering on Nasdaq sometime in the next few weeks.

AirMedia’s Former CFO Joins Dangdang.com In China

Chinese Internet shopping website Dangdang.com, which focuses on the sale of books, has confirmed that Conor Yang, former chief financial officer of AirMedia Group, has joined the company as chief financial officer, preparing for the initial public offering of Dangdang.com.

Focus Media Appoints Former Goldman Sachs Exec As Chief Financial Officer

Chinese digital media and advertising company Focus Media Holding Limited has announced a couple of key executive appointments.