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Dec. 27, 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. Kering to acquire jewelry manufacturer Raselli Franco Group
  2. Dior dives into French Riviera with escapist fragrance
  3. Brioni launches anniversary capsule at Bergdorf Goodman
  4. Hermès showcases the surreal for spring campaign
  5. Luxury Unfiltered: Why luxury must evolve from product to purpose to stay relevant
  6. Chanel unleashes ‘From Dream to Reality’
  7. Piaget fetes sixth year of USPA Gold Cup sponsorship with new timepiece
  8. Longchamp x Robert Indiana tributes 'Love' sculpture artist
  9. Pratesi continues retail push with new Boston boutique
  10. Luxury Women to Watch 2017
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