Alibaba names new chairman and CEO
Alibaba, the Chinese e-commerce giant, is undergoing a major shakeup. The company is replacing its chairman and CEO, Daniel Zhang, with two of Jack Ma’s longtime lieutenants, Joseph Tsai and…
Line shares up 28% in Wall Street debut
Japanese messaging app Line experienced a very successful first day in the trading market as it opened with a 28-percent increase on Thursday. Considered as one of this year’s biggest…