June 18, 2019 / 4:43 AM / a month ago

Alibaba reshuffles management, says CFO Wu to oversee strategic investment unit

SHANGHAI, June 18 (Reuters) - China’s Alibaba Group Holding Ltd on Tuesday said its chief financial officer, Maggie Wu, will move to oversee the firm’s strategic acquisitions and investments unit, as part of a business and management reshuffle at the e-commerce giant.

Wu will take over from Executive Vice-Chairman Joe Tsai, Alibaba said in a statement on its official WeChat account.

Its supermarket division, Freshippo, will become a standalone business, and enterprise software unit DingTalk will be merged into the firm’s cloud unit, Alibaba said in the statement. (Reporting by Brenda Goh and Josh Horwitz)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below