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Alibaba Names Tsai Chairman, Wu CEO in Surprise Shake-Up

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June 20, 2023, 4:18 a.m. | Jane Zhang

Bloomberg Technology bloomberg.com

Alibaba Group Holding Ltd. is replacing eight-year veteran chief Daniel Zhang at the helm of a Chinese e-commerce leader bleeding market share and struggling to revive growth in the post-Covid era.

alibaba ceo chinese commerce covid daniel e-commerce growth helm market share nys:baba surprise

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