Once every year, Alibaba undergoes a major organizational adjustment after its annual ‘Double Eleven’ sale on November 11.
Tang and his entrepreneurial story may someday become a classic case study taught in business schools. Whether about success or failure, it is certain to be extremely exciting.
“There are two 18-year-olds, one in China, the other in the United States, both poor and short on prospects. You have to pick the one with the better chance at upward mobility. Which would you choose?”
After more than nine years since founding ByteDance, Zhang Yiming has at last got his delayed satisfaction.
Five months after its official announcement, Chinese electronics firm Xiaomi declared via its official WeChat account that it had on September 1 completed the industrial and commercial registration of Xiaomi Auto Co. Ltd.