The e-commerce giant announced in March it will split into six business units, each with its own CEO and board of directors, and adopt a holding company management model, in the biggest revamp of its 24-year history.
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Alibaba Group Holding said
on Tuesday that Eddie Yongming Wu, chairman of its Taobao and
Tmall Group, will succeed Daniel Zhang as chief executive
officer, in the company s biggest executive reshuffle. | June 20, 2023
Alibaba's current chief executive Daniel Zhang will be replaced, the company announced, amid a major management shuffle in an effort to promote its cloud intelligence services.