In a surprise move, Alibaba names Eddie Wu as CEO, replacing Daniel Zhang, and Executive Vice Chairman Joseph Tsai as Chairman; Zhang will continue as Cloud CEO
Alibaba Group Holding Ltd. is replacing eight-year veteran chief Daniel Zhang at the helm of a Chinese e-commerce leader bleeding market share …
Bloomberg Jane Zhang
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Discussion
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@pingroma
Zheping Huang
on x
The owner of Brooklyn Nets is now the top boss of China's largest e-commerce company https://www.bloomberg.com/... [image]
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@arjunkharpal
Arjun Kharpal
on x
#Alibaba CEO Daniel Zhang to step down and be replaced by one of the co-founders Eddie Wu. Zhang will stay CEO of the cloud computing unit as Alibaba pushes to take it public. It comes after Alibaba announced plans to spin off key businesses https://www.cnbc.com/... $BABA
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@luna_cuili
@luna_cuili
on x
Just-in: #Alibaba's CEO Zhang Yong will step down as chairman and CEO of Alibaba Group on September 10 and will focus on the business development of #AlibabaCloud. It is a new move after the spin-off of @AlibabaGroup. [image]
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@sino_market
@sino_market
on x
Zhang also announced that the complete spin-off of Alibaba Cloud Intelligent Group has been launched and is in the most critical period of development. It is necessary for him to devote himself wholeheartedly, he says. Zhang will serve as the Chairman&CEO of Alibaba Cloud. $BABA …