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December 4, 2018 08:58 am GMT

Alibaba replaces video streaming boss amid anti-corruption probe

A top-level reshuffle is sending shockwaves across one of China’s biggest online video businesses. Yang Weidong has stepped down as the president of Alibaba’s video streaming unit Youku, the ecommerce operator’s digital media and entertainment business group confirmed to TechCrunch on Tuesday. Yang is understood to be assisting the police with an investigation into “an […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TP-is78W8mM/

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