Chinese tech giant Alibaba names new chairman and CEO in major shakeup
2 years ago
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Chinese tech giant Alibaba is replacing Daniel Zhang as chairman and CEO as the company undergoes the biggest shakeup in its history. Joseph Tsai, executive vice chairman and a co-founder of Alibaba (BABA), will succeed Zhang as chairman, the company said Tuesday. Eddie Wu, chairman of e-commerce unit Taobao and Tmall Group, will succeed Zhang as chief executive officer.
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