On the move
China Daily | Updated: 2019-03-04 07:27
Yu to replace husband Li as Dangdang CEO
Li Guoqing (pictured), 55, co-founder of China's major online bookstore Dangdang, left the company in February. He founded Dangdang with his wife Yu Yu in 1999. In 2010, the company listed on the New York Stock Exchange. Chairman Yu will serve as CEO too. Li joined blockchain service provider Crysto and became CEO of its app Dapp, a digital content production, reading and trade platform. Li said in an open letter that he was driven by the ambition to begin an innovative business. Over the last three years, Li worked on promoting new businesses, including digital books, creative culture, film and retail.
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