Alibaba stock plummets as former CEO abruptly departs cloud unit just before IPO
Alibaba stock plummets as former CEO abruptly departs cloud unit just before IPO
Stay updated with breaking news from Cloud Intelligence Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Alibaba stock plummets as former CEO abruptly departs cloud unit just before IPO
Six months after a big reorganization, Alibaba’s cloud business head has quit.
The abrupt departure of Alibaba Group Holding Ltd. ex-CEO Daniel Zhang significantly impacted the firm's stock performance on Monday.
By Brenda Goh SHANGHAI (Reuters) -China's Alibaba Group said on Sunday that Daniel Zhang will step down from its cloud business, in a surprise move ju...
China's Alibaba Group said on Sunday that Daniel Zhang will step down from its cloud business, in a surprise move just two months after the company announced he would leave his roles as group CEO and chairman to focus on the cloud unit.