Fedex Founder Fred Smith Retires Raj Subramaniam Named New CEO

Fedex Founder Fred Smith Retires Raj Subramaniam Named New CEO

FedEx announced a leadership transition, with founder Fred Smith stepping down as CEO. Raj Subramaniam will succeed him. Smith will transition to the role of Executive Chairman, focusing on strategy and global issues. Industry experts highly praised Smith's contributions to the logistics industry and expressed anticipation for Subramaniam's leadership in guiding FedEx into the future. This marks a significant shift for the company as it navigates the evolving landscape of global commerce and logistics.

01/19/2026 Logistics
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Luo Yonghaos make a Friend Expands to Taobao Amid Live Commerce Boom

Luo Yonghaos make a Friend Expands to Taobao Amid Live Commerce Boom

This article analyzes the potential motivations and opportunities for Luo Yonghao and his 'Make a Friend' team to join Taobao Live. Given the increasing competition on Douyin Live and Taobao Live's need to fill traffic gaps, multi-platform deployment is becoming inevitable. Joining Taobao is expected to bring new growth opportunities for 'Make a Friend' while injecting new vitality into Taobao Live and reshaping the industry landscape. This move could significantly impact the competitive dynamics of live commerce in China.