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Daniel Zhang becomes Alibaba CEO as Q1 revenues lift 45%

2015-05-07 14:26:00| Telecompaper Headlines

(Telecompaper) Chinese e-commerce group Alibaba said that Daniel Zhang, currently its COO, will become the group's new CEO from 10 May. Jonathan Lu, the current CEO, will stay on to ensure a successful transition and remain on the board of directors as vice chairman. The announcement comes as Alibaba reports a strong first quarter, with gross merchandise volume (GMV) growing 40 percent from the year before and the number of annual active buyers lifting 37 percent to 350 million. Around 289 million monthly active users used the company's e-commerce apps in March, while mobile GMV reached USD 49 million. Revenues for the quarter lifted 45 percent year-on-year to CNY 17.42 billion, with mobile revenue jumping 352 percent to CNY5.24 billion. Total GMV transacted on Alibaba's China retail marketplaces amounted to CNY 600 billion, up 40 percent from the year earlier on the back mainly of more active buyers. GMV transacted on Taobao advanced 29 percent to CNY 381 billion. On Tmall, GMV rose 62 percent to CNY 219 billion.

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Haier Group CEO Zhang Ruimin named first 2015 recipient of coveted Best Practice CEO Award

2015-04-18 04:44:18| Beverages - Topix.net

Zhang Ruimin, CEO of the Haier Group, Qingdao, China, has been named the first recipient in 2015 of the Best Practices CEO Award, presented annually by Best Practice Institute , Florida USA. Each year BPI, one of the world's leading talent management associations, presents the award to a select few of the world's top CEOs, who have demonstrated a commitment to developing talent in innovative ways.

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Dr. Zi-ang Zhang Professor at Binghamton University, State University of New York; Appointed to Board of Advisors Powerstorm ESS

2015-04-15 12:31:07| Industrial Newsroom - All News for Today

RANCHO PALOS VERDES, CA - Powerstorm ESS (OTC: PSTO) (Powerstorm or the Company) announced today the appointment of technical expert Dr. Zi-ang (John) Zhang to their Board of Advisors. Dr. Zhang is a professor of Electrical and Computer Engineering at Binghamton University in Binghamton, NY. He earned his...

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Michigan: Zhang Huan exhibit at Frederik Meijer Gardens

2013-06-07 08:35:53| Grocery - Topix.net

Zhang Huan. Long Island Buddha, 2010-11. Copper, 67.68 x 89.37 x 69.68 inches. ©Zhang Huan Studio.

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