[ad_1] In a surprise move, Daniel Zhang, who was handpicked by Alibaba co-founder Jack Ma as successor, has resigned as head of the tech giant’s cloud computing unit. [ad_2] Source…
Tag: Daniel Zhang
Alibaba’s Ex-CEO Quits Cloud Business In Surprise Move
[ad_1] Daniel Zhang will continue to contribute to Alibaba by “channeling his expertise differently” Shanghai: China’s Alibaba Group said on Sunday that Daniel Zhang will step down from its cloud…
Alibaba Says Joseph Tsai to Take Over as Chairman, Succeeding Daniel Zhang
[ad_1] Alibaba said Joseph Tsai, its current vice chairman, will take over as chairman in September, succeeding Daniel Zhang, as the Chinese e-commerce giant undergoes a major reorganization. [ad_2] Source…
Alibaba’s Hong Kong shares surge 16% on split-up plans
[ad_1] Hong Kong shares of Alibaba Group soared on Wednesday, marking a vote of confidence from investors after the company announced a major restructuring plan. The stock jumped as much…
WSJ News Exclusive | Jack Ma Engineered Alibaba’s Breakup From Overseas
[ad_1] The Chinese billionaire used his influence within Alibaba Group, the e-commerce empire he built, to orchestrate its breakup plans, people familiar with the matter said. [ad_2] Source link
Alibaba to Split Into Six Separate Groups in Biggest Shake-Up
[ad_1] Alibaba Group plans to split its business into six independently run entities, the biggest structural overhaul in its history. [ad_2] Source link