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China’s E-House announces Q1 2015 results

BY DON GASPER E-House (China) Holdings Ltd., operator of one of China’s two major real-estate portals, earned revenue of $169.15 million (U.S.) in the first quarter of 2015, according to a company announcement made on May 19. This was a 3.6 percent increase on the...

New head for Alibaba

BY DON GASPER In a move that caught observers by surprise, Alibaba Group Holdings has promoted Daniel Zhang Yong to be its new chief executive, replacing Jonathan Lu Zhaoxi from May 10. Zhang, who trained as an accountant, served formerly as chief financial officer of...

Top managers at TMG face the axe

According to Dutch media, around forty chief editors at the Dutch media group Telegraaf Media Group (TMG) may lose their jobs as a result of the on-going re-organization, and commercial director Marc Albert just announced his departure (article here in Dutch). TMG has...