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Google China’s President, Kai-Fu Lee, Resigns To Pursue New Ventures
Google Executive to Quit from the Wall Street Journal reports Kai-Fu Lee, the president of Google’s China operations is leaving the company. Kai-Fu Lee has helped Google gain market share in China but still is a weak second to Baidu, which has 76% share in China, whereas Google has about 20%.
Lee left Microsoft in 2005 to join Google, which sparked a legal war between the two companies. The two companies settled the matter privately about a year later. Now, Lee said he wants to pursue his own new ventures and says it is a perfect time to do so. The China division will be run by two executives, Boon-Lock Yeo, currently director of Google’s Shanghai engineering office and John Liu, currently leads Google’s sales team in greater China.
More coverage on this news can be found at Techmeme.