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Alibaba, Tiffany & Co., Patek Philippe, Moncler and Highsnobiety

Toby Xu will be succeeding Maggie Wu, Alibaba’s current chief financial officer. Image credit: Alibaba Group


Luxury Daily’s live news for Dec. 6:

Alibaba names Toby Xu as new CFO
Ecommerce giant Alibaba Holdings Ltd. has announced that Toby Xu, deputy chief financial officer, will become the company’s chief financial officer effective April 1, 2022.