In March it was announced that Alibaba, which has long been in the crosshairs of the Chinese authorities, would split into six parts. The intention was to request a separate stock exchange listing. The historic CEO Daniel Zhang would be replaced internally, normally he would have to lead the cloud department from today/Monday. But that does not happen, Zhang leaves the company after 16 years, Alibaba surprisingly announced. Nothing was said about the reason for his departure.
Eddie Yongming Wu is the company’s new CEO, while Joseph C. Tsai becomes chairman.
2023-09-11 03:47:00
#ExAlibaba #CEO #leaves #Chinese #group
