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Zhang s departure ends a storied tenure during which Alibaba became China s largest company and ventured into new arenas such as physical retail. An Alibaba representative confirmed Zhang s departure. The former CEO will now steer a $1-billion technology investment fund on Alibaba s behalf. ....
Alibaba s stock fell over 4% in Hong Kong after ex-CEO Daniel Zhang resigned from the company s cloud computing unit. Concerns have arisen over the spin-off plan for the unit and potential discord at the top. New CEO Eddie Wu will take on the role of acting CEO and chairman of the unit, which is struggling with weak sales growth ahead of its planned IPO next year. ....
HONG KONG Daniel Zhang, former chief executive of Alibaba Group Holding, has stepped down as the head of the Chinese tech giant's cloud division, l ....
Chinese Vice Premier Zhang Guoqing will attend the Eastern Economic Forum in Russia, the Chinese Foreign Ministry said on Friday. The forum will take place in Vladivostok on September 10-12. "Dis. ....
China s mixed martial arts (MMA) athlete Zhang Weili has once again proven that she s the best women s MMA strawweight fighter in the world with a unanimous decision win over Amanda Lemos in the co-main event at the UFC 292 on August 20. ....