(Bloomberg) -- Alibaba Group Holding Ltd. is replacing eight-year veteran chief Daniel Zhang at the helm of a Chinese e-commerce leader bleeding market share and struggling to revive growth in the post-Covid era.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesGlobal Stocks Slip on Worry Rally Looks Exhausted: Markets WrapAlibaba Names Tsai Chairman, Wu CEO in Surprise Shake-UpSearch Underway for Ti