Benjamin Li
Feb 21, 2011

Alibaba.com CEO David Wei and COO Elvis Lee resign

HANGZHOU - In a management shakeup at one of China's largest internet companies, Alibaba.com CEO David Wei and COO Elvis Lee has handed in their respective resignations to take responsibility for not setting a strong tone of corporate values at the top in connection with an increase in fraud by organised groups attacking the e-commerce site.

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