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Founding team members of Alibaba Group Holding converged in Hangzhou on Tuesday, as China's largest e-commerce firm showed a united front after its CEO and chairman announced plans to step aside to focus on the cloud business. Alibaba co-founder Jack Ma and current CEO and chairman Daniel Zhang Yong appeared together at the office of Alibaba Cloud, which Zhang also heads. In photos and videos of the event, the two smiled while chatting over drinks and walking through the company's campus. Ma, wh
Image source: Visual China On Thursday afternoon, following the release of unaudited first-quarter financial results, JD.com announced that its current CEO Xu Lei will step down in June. Xu Lei, 49, who is the same age as JD.com s founder and inaugural CEO Liu Qiangdong, has been the CEO for just.