Management shake-up at Alibaba sees Daniel Zhang being replaced after long tenure
Alibaba, the Chinese ecommerce giant, is undergoing a leadership change as it splits into six separate entities to drive reinvention. Daniel Zhang, Alibaba’s longtime leader, will be replaced as CEO and chair by Eddie Yongming Wu, the chair of Alibaba’s flagship ecommerce sites Taobao and Tmall. Joseph Tsai, Alibaba co-founder and vice-chair, will assume the …