China’s New Oriental fires live-streaming e-commerce platform CEO, promotes top influencer after corporate infighting

Chinese live-streaming e-commerce website East Buy fired its CEO after he made comments angering fans of a top influencer on the platform, ending a widely-watched corporate battle that reflects the importance of A-list sellers. Sun Dongxu, the company’s sacked CEO, became the subject of ire when he backed a social media post insinuating Dong was … Read more