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Dec. 20, 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. Dior builds five-story statement flagship in Beijing
  2. Brunello Cucinelli casts holiday spell with ‘Cinema Meraviglia’
  3. Happy Holidays!
  4. Chef Yotam Ottolenghi to debut first Netherlands restaurant at Mandarin Oriental Amsterdam
  5. Louis Vuitton shares names of final Watch Prize contestants, jury members
  6. Kering loops France’s Ardian into Fifth Avenue investment
  7. Audi propels Santa into the future with electric sleigh
  8. Harrods announces key leadership appointment
  9. Matches plots second act under new ownership
  10. Ruinart reveals annual Carte Blanche creative collaboration
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