PREVIEW

... yle, felt a bit annoyed. Yi Anguo had mocked her power, saying it was too limited compared to her predecessor, CEO Yang Zhiyuan. Yang, after all, could make major company decisions with a single word, without needing the board’s approval.

After going public last year, Tao Bao’s market value had once soared to over $20 billion. Now, however, it had plummeted to less than $5 billion, and the stock price was still dropping. With the financial crisis worsening, its market value could easily ...

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