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Alibaba’s ex-chairman Daniel Zhang steps down as CEO of cloud business unit

Por: MarketWatch Business September 11, 2023

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Wu and Brooklyn Nets owner Joe Tsai, a close ally of fellow co-founder Jack Ma, also officially succeeded Zhang as Alibaba Group’s CEO and Chairman, respectively on Sunday, completing a leadership reshuffle announced in June. The Chinese tech behemoth is undergoing a reorganization that will break itself into multiple independent companies, as it seeks to be more nimble and attempts to get its core e-commerce business back on a growth track... + full article



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