Alibaba CEO and chairman Daniel Zhang to step down to focus on cloud business
The move comes as Alibaba pushes ahead with a plan to split into six business units
Source: theglobeandmail.com
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The move comes as Alibaba pushes ahead with a plan to split into six business units
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Alibaba announced Chairman and CEO Daniel Zhang is shifting his attention to the company's Cloud Intelligence Group.
It is widely believed that Jack Ma, Alibaba's charismatic founder and former CEO, is responsible for the latest management revamp.
The news comes just months after the Chinese tech giant unveiled a major organizational overhaul.