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Alibaba Group rejigs management; Eddie Wu takes over as CEO - Vimarsana News

Alibaba Group rejigs management; Eddie Wu takes over as CEO

Outgoing Alibaba Group Chairman and CEO Daniel Zhang will focus on the company's cloud unit.

Alibaba's CEO Daniel Zhang Steps Down, Eddie Wu Steps Up; Zhang to Head Cloud Division in Major Reshuffle - Vimarsana News

Alibaba's CEO Daniel Zhang Steps Down, Eddie Wu Steps Up; Zhang to Head Cloud Division in Major Reshuffle

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

Eddie Wu: Alibaba announces new CEO, to focus more on cloud computing business, ET CIO - Vimarsana News

Eddie Wu: Alibaba announces new CEO, to focus more on cloud computing business, ET CIO

Alibaba has appointed Eddie Wu as the new CEO to succeed Daniel Zhang, allowing Zhang to focus on the company's cloud computing unit. This marks the first time Zhang will step down as CEO since he assumed the role in 2015. Joe Tsai will take over Zhang's role as the group's chairman.

Meet the new CEO of Alibaba - Vimarsana News

Meet the new CEO of Alibaba

The leadership shake-up comes months after Alibaba, which is the third-most valuable company in China, announced it would split into six groups.

Source: yahoo.com
Alibaba CEO and chairman Zhang to resign to focus on cloud business - Vimarsana News

Alibaba CEO and chairman Zhang to resign to focus on cloud business

SHANGHAI - Alibaba Group on Tuesday (June 20) said its CEO and chairman Daniel Zhang will step down from the roles to focus on its cloud division as the Chinese e-commerce giant moves ahead with a plan to split into six business units. Zhang has been concurrently serving in three roles since December when he took over as head of...