Eddie Wu will succeed Daniel Zhang as chief executive of Alibaba Group, the company announced Tuesday, laying out its succession plan.
Zhang will continue to lead the Alibaba Cloud Intelligence Group as chairman and chief executive after this change, which the company said will take effect Sept. 10.The logo of the Alibaba office building is seen in downtown Huangpu District in Shanghai, China, June 16, 2023.said in a surprise announcement Tuesday Eddie Wu will succeed Daniel Zhang as its chief executive.
"As everyone is well aware, the development of core technologies such as cloud computing, big data and AI will lead to a tremendous transformation of our society and is of utmost strategic significance," Zhang said in an internal memo to Alibaba staff.
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