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Alibaba's Gaming Division Ushers in Youthful Leadership for a Fresh Era

Posted by Anusuya Lahiri on Sunday, March 10, 2024, In : #WATCHLiST 
Alibaba's Gaming Division Ushers in Youthful Leadership for a Fresh Era

Alibaba Group Holding Limited’s (NYSE:BABA) gaming division, Lingxi Games, announced a significant leadership change, with the current team stepping down to usher in younger management. 

This decision aligns with Alibaba’s strategy in 2023 to infuse its leadership teams with individuals born after 1985, aiming to preserve a dynamic startup culture and avoid stagnation. 

The move is part of Alibaba’s broader restructuring to a holding company model and its operations division into six prim...


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Crypto Grab’s Tech Head Quits for Crypto Gaming Startup Ethlas

Posted by Olivia Poh on Wednesday, March 30, 2022, In : 848FINACE 

Grab Holdings Ltd.’s head of technology is leaving the ride-hailing and food-delivery company after seven years to lead a new cryptocurrency gaming venture, according to people with knowledge of the matter.

Wui Ngiap Foo, the executive in charge of building up the platform’s mobility-services fleet, is leaving on March 31, said the people, asking not to be identified as the exit hasn’t been publicly announced. Foo, 35, has been a key member of Singapore-based Grab’s leadership team, he...


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