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Career Moves: November 28, 2006

Authored by dmw on November 28, 2006 - 9:53am.

Career Moves is made possible by @HIRE.
Yahoo China's President Xie Wen has resigned after barely 40 days on the job, according to Alibaba.com, which owns the web property. Xie Wen, who was chief executive of Chinese financial Web portal Hexun.com before joining Yahoo China, decided to leave his position for personal reasons, the company said in a statement Tuesday. He had formally joined Yahoo China on October 17. Xie will become a strategic adviser to Alibaba. Yahoo China's Head of Strategic Development, Zeng Ming, will serve as acting president, the company said. Yahoo China was absorbed by China-based Alibaba last year when Yahoo of the United States bought a 40 percent stake in Alibaba for $1 billion.