Chinese Internet video company confirmed to the local media that its chief operating officer Evelyn Wang had officially resigned. stated that Wang’s departure was due to personal development reasons. The company appreciated her contribution over the past four years and wished her better career development in the future.

According to, the integration of and is progressing smoothly and their executives and employees are stable. The merger and integration of the two Internet video companies has promoted the lowering of network copyright prices and the improvement of user experience, and it will play a positive role in the development of the entire industry.

Wang joined in 2007 as vice president for sales and marketing communications. She was also in charge of’s nationwide planning center. In March 2010, Wang was promoted to chief marketing officer, commanding the nationwide sales and marketing communications of the company, and reported directly to Wang Wei, chief executive officer of’s latest financial report showed that during the first quarter of 2012, the company’s net revenue was USD22.3 million, a year-on-year increase of 76.7%; however, it made whopping net losses of USD21.4 million during the same time. Meanwhile,’s net revenue in the first quarter was USD42.9 million, a year-on-year increase of 111%; and it also made large losses of USD24.8 million.