Alibaba’s Taobao and cloud units will directly answer to the conglomerate’s CEO, Eddie Wu, as the tech giant seeks to take on budget-focused PDD. While grappling with low consumer spending, Alibaba has undergone drastic changes in 2023 amid a corporate restructuring and multiple leadership changes.
Alibaba’s Taobao and cloud units will directly answer to the conglomerate’s CEO, Eddie Wu, as the tech giant seeks to take on budget-focused PDD amid low consumer spending.
China’s harsh punishment of Viya, one of the country’s leading live-streamers, by levying a record fine and erasing her online presence overnight will generate far-reaching consequences for Alibaba Group Holding and the new online shopping trend that has transformed e-commerce in the past few years, analysts say. The online store and social media accounts of Viya, whose real name is...