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Dec. 4, 2025
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Commerce

Alibaba Group shakes up leadership, shares CEO succession plan

June 20, 2023

Jack Ma’s sprawling conglomerate Alibaba just announced it is splitting into six entities, which is the largest restructuring in its 24-year history. Image credit: Shutterstock In a new position as CEO and chairman, Mr. Zhang will helm Alibaba Cloud Intelligence Group exclusively. Image credit: Shutterstock

 

By Luxury Daily News Service

Chinese business executive Daniel Zhang, CEO of ecommerce giant Alibaba, is resigning from his post to head the group's intelligence arm.

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  1. Estée Lauder Cos., Jo Malone launch AI scent advisor
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