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Former Alibaba CEO quits cloud unit in surprise move amid landmark restructuring

Daniel Zhang, the outgoing chairman and CEO of Alibaba, has stepped down from his position running the company’s cloud division in a surprise move announced just months after he assumed the pivotal role. ....

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Ex-Alibaba CEO steps down from cloud unit

Former Alibaba Group Holding chairman and CEO Daniel Zhang Yong is stepping down as head of the e-commerce giant’s cloud division, a move that comes as a surprise the same day he was scheduled to hand the reins of the parent company to co-founder Joseph C. Tsai, who has taken over as chairman, reports the… ....

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