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Alibaba has appointed Eddie Wu as the new CEO to succeed Daniel Zhang, allowing Zhang to focus on the company s cloud computing unit. This marks the first time Zhang will step down as CEO since he assumed the role in 2015. Joe Tsai will take over Zhang s role as the group s chairman.
Alibaba Group (NYSE:BABA) has revealed the surprise announcement that Eddie Wu will succeed Daniel Zhang as its chief executive. The company also announced.