PayPal China CEO Qiu Han Steps Down; Legal Officer Zhang Hong Takes Over

According to China Securities Journal, PayPal China CEO Qiu Han stepped down on June 17 after nearly six years in the role, with PayPal's China legal officer Zhang Hong appointed as her successor. PayPal stated that its long-term commitment to the Chinese market remains unchanged and the leadership transition will not affect the company's strategic direction or day-to-day operations.
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