Alibaba's video streaming head arrested

  • The head of video streaming platform of Alibaba Yang Weidong has been arrested in China. As per media reports, Weidong was arrested under the suspicion of accepting improper payments. Currently, Weidong is under police investigation and has been removed from the position of Youku, the video site. Fan Luyuan has been named as the new head of Youku by the Alibaba group. 

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