Alibaba CEO Daniel Zhang to pass the torch and focus on cloud

TechCrunch
By Rita LiaoJun 20, 2023, 1:12 am176 pts
Hours after rumors started circling in China about a possible stepdown of Alibaba’s chairman and CEO Daniel Zhang, the ecommerce behemoth confirmed midday on Tuesday that the executive will hand over the torch. Zhang will be replaced by Joe Tsai, Alibaba’s current executive vice chairman, as chairman, and…

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