SHANGHAI, Nov 28
Yahoo China's president has resigned after barely 40 days on the job, said its Chinese owner Alibaba.com, which is revamping the Internet search firm in an effort to make it profitable.

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 on Tuesday. He had formally joined Yahoo China on Oct. 17.

"Essentially, he's left for personal reasons," said Alibaba communications director Christina Splinder, declining to elaborate.

Xie will become a strategic advisor to Alibaba, while Yahoo China's head of strategy development Zeng Ming will serve as acting president, the company said.

Xie could not be located for comment.


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i guess he was done building his ark!

He probably also got a nice signing bonus that he doesn't have to give back too.

and stock options, etc. sweet!

Wasn't there also another person who joined and left Yahoo China in a short stint, or was it Ebay China? Something tells me maybe they're getting paid more money to get hired, collect internal info on the companies and then leave to share it. Confidentiality agreements doesn't really mean much