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Alibaba Stock Down As Former CEO Daniel Zhang Quits Cloud Unit

Published: September 11, 2023

Shares of Alibaba Group Holding Ltd. dropped around 3 percent in Hong Kong trading after the Chinese e-commerce major announced the departure of Daniel Zhang, former chief executive officer, as the head of its cloud business.

Source: rttnews.com

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Hong KongEddie Yongming WuDaniel ZhangJoseph TsaiCloud Intelligence GroupTaobao Tmall Business GroupTmall GroupAlibaba GroupAlibaba Cloud Intelligence GroupAlibaba Group Holding LtdAlibaba Group HoldingChief Executive OfficerChief ExecutiveExecutive Vice ChairmanDaniel ZhangAlibaba CloudAlibaba CeoLibaba Stock Down