Evelyn Wang, image via Sina Tech
Chinese media is reporting today that according to “inside sources,” Tudou COO Evelyn Wang (no relation to Tudou CEO Gary Wang) has resigned. This makes her the first high-level executive to leave Tudou since that company’s high-profile merger with Youku.
Both Tudou and Youku have been very quiet since the announcement of their merger, mostly because they have to be quiet while the deal is being approved by the SEC. Perhaps needless to say, a Youku-Tudou rep declined to comment on this story. But actually, the lack of scandalous leaks and high-profile departures (Wang’s is the first) would seem to indicate that things are running rather smoothly at Youku-Tudou Inc. A change this big resulting in so little management-level turnover would seem to be, if anything, a sign of health.
That makes sense, as Sina Tech is also reporting its sources say that overall the merger is going well and the two companies are integrating quite smoothly with each other. That’s good news since the video giant still faces some still competition from competitors in the same market as well as government regulation that threatens to injure its business.
Full disclosure: A year ago, I briefly worked for Youku. However, I currently have no professional connection to, or interests in, the company or any of its competitors.
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