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By Jiahui Huang An Alibaba Group veteran is stepping down as head of the Chinese technology giant's food delivery and maps division in an internal reshuffle that will divide the unprofitable...
Alibaba Group Holding Limited (NYSE: BABA) stock is trading higher Friday amid reports of 800 billion yuan stimulus to boost liquidity along with the company intensifying its focus on artificial intelligence (AI) to fuel the growth of its e-commerce operations, following an internal memo from founder Jack Ma
Trudy Dai Shan no longer holds legal representative roles at several Alibaba subsidiaries indicating she will focus all her efforts on Taobao and Tmall Group.
In a separate move, Jeff Zhang will focus on his role as head of the Alibaba DAMO Academy and no longer serve as President of Alibaba Cloud Intelligence.
Alibaba has announced a change to its top roles as it recovers from a major Hong Kong server outage.