1PAI GM RESIGNS
AsiaInfo Services, May, 2005
AsiaInfo Services 05-19-2005 1pai GM Resigns CHINA, May 19, 2005 (SinoCast via COMTEX) -- 1pai.com.cn general manager Joseph Zheng has resigned, said Jerry Yang, founder of Yahoo!. Joseph Zheng himself also confirmed the news, and said his departure was at his own discretion. People close to the matter say Jerry Yang has named a new general manager, while 1pai.com.cn spokesman Zhang Xing argued by saying the company is still seeking for the successor. Although Jerry Yang reiterated he is satisfied with the achievement that ipai.com.cn has made, he admited that the company's business has been growing too slowly in China. Online auction company Taobao.com announced that its total dealin the first quarter of 2005 exceeded CNY 1 billion and the number of its...
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