Alibaba shares slide 4% as outgoing CEO quits cloud unit
Alibaba shares fell over 4% in Hong Kong Monday after the group's former CEO, Daniel Zhang, left its cloud computing division, a surprise move that...
Source: dailysabah.com
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Ex-Alibaba CEO Daniel Zhang quits as cloud division head, stock slips
In a surprise development, former Alibaba Group Chairman and CEO Daniel Zhang has stepped down as head of the e-commerce giant's cloud division, the media reported on Monday.His resignation from the Cloud unit came as he was scheduled to hand ...
Source: prokerala.com
Alibaba Stock Down As Former CEO Daniel Zhang Quits Cloud Unit
Shares of Alibaba Group Holding Ltd. dropped around 3 percent in Hong Kong trading after the Chinese e-commerce major announced the departure of Daniel Zhang, former chief executive officer, as the head of its cloud business.
Source: rttnews.com
Alibaba Group: How Alibaba's six main new business units stack up
Alibaba Group Holding's former CEO, Daniel Zhang, has unexpectedly left the company's cloud computing unit, raising concerns about its spinoff plans. Alibaba announced in March that it would split into six main business units, each with its own CEO and board of directors. The Cloud Intelligence Group, which includes Alibaba's cloud computing unit, is the company's dominant player in China's domestic cloud computing sector.
Source: indiatimes.com
What's Going On With Alibaba Stock Monday? - Alibaba Gr Holding (NYSE:BABA)
Alibaba Group Holding Limited (NYSE: BABA) prepared to part with
Source: benzinga.com