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Alibaba shares slide 4 percent after former CEO quits cloud unit

Alibaba shares slide 4 percent after former CEO quits cloud unit
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Li chengdongEddie wuDaniel zhangUnion bancaire priveeChina alibaba groupHong kong listedAlibaba groupBeijing based haitunAlibaba cloudHuawei technologiesSern ling

Alibaba shares slide 4% after former CEO quits cloud unit

Alibaba shares slide 4% after former CEO quits cloud unit
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Hong kongBrenda gohMuralikumar anantharamanChristopher cushingYelin moAnne marie roantreeDonny kowkEddie wuLi chengdongDaniel zhangChina alibaba groupThomson reuters trust principlesUnion bancaire priveeHong kong listedAlibaba groupBeijing based haitun

Alibaba Shares Slide 4% After Former CEO Quits Cloud Unit

Alibaba stock lost more than 4% in Hong Kong on Monday after ex-group CEO Daniel Zhang quit its cloud computing unit in a surprise decision.

Hong kongEddie wuLi chengdongDaniel zhangCiti yapTongyi qianwenAlicia yapJack maJoseph tsaiUnion bancaire lingAlibaba international digital commerce groupTmall groupService groupUnion bancaire priveeCloud intelligence group is alibabaCloud intelligence group

Alibaba shares slide 4% after former CEO quits cloud unit, Telecom News, ET Telecom

Alibaba: Zhang had previously been concurrently heading the group as well as the cloud intelligence unit, and the company announced in June that he would leave his group roles to wholly focus on the cloud business.

Daniel zhangLi chengdongEddie wuDonny kwokChina alibaba groupUnion bancaire priveeHong kong listedAlibaba groupBeijing based haitunAlibaba cloudHuawei technologiesSern lingAlibaba cloudAlibaba groupArtificial intelligence

Alibaba shares fall 4% after former CEO Deniel Zhang s surprise resignation

Former Alibaba CEO Daniel Zhang's resignation from the cloud computing unit came as a surprise, leading to a neatly 4 per cent fall in the company's share price.

Hong kongJack maLi chengdongEddie wuKoustav dasDaniel zhangTongyi qianwenAlicia yapJoseph tsaiCiti yapService groupAlibaba international digital commerce groupUnion bancaire lingUnion bancaire priveeTmall groupCloud intelligence group is alibaba