Former Alibaba chair Daniel Zhang steps down as head of cloud division in surprise move
Eddie Yongming Wu will succeed Zhang as the acting chairman and CEO of its cloud unit
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Eddie Yongming Wu will succeed Zhang as the acting chairman and CEO of its cloud unit
Eddie Yongming Wu will succeed Zhang as the acting chairman and CEO of its cloud unit
Alibaba stock lost more than 4% in Hong Kong on Monday after ex-group CEO Daniel Zhang quit its cloud computing unit.
Former Alibaba CEO Daniel Zhang is stepping down from leading its cloud division just two months after announcing he would focus on it, raising concerns about its coming IPO.
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...