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SHANGHAI (Reuters) -Alibaba Group CEO Eddie Wu will take over as chief executive of domestic e-commerce arm Taobao and Tmall Group effective immediately, the company said on Wednesday, boosting his direct control over the group's core businesses. Wu, who has been Group CEO since September, also took over from previous head Daniel Zhang as the company's cloud business CEO that month. The latest appointment means Wu now leads the overall group as well as its two most important business divisions - cloud and domestic e-commerce. ....
Alibaba's CEO Replaces E-Commerce Chief as Growth Falters bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Alibaba Group Holding Ltd. replaced one of its most experienced executives at the helm of e-commerce and plans to create a firm to oversee its investment assets around the world, the latest in a series of sweeping changes to roil the once-dominant Chinese online juggernaut. ....
HONG KONG (AP) China’s Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo. Wu is replacing Trudy Dai, a longtime Alibaba executive who was one of the founding employees of the company. Alibaba’s chairman […] ....
Alibaba is changing the leadership of its core e-commerce business for at least the second time this year, as the sprawling giant contends with slower growth amid rising competition. ....