China's Alibaba Group Holding Ltd on Tuesday said its chief financial offic...
FILE PHOTO: The Alibaba group logo is seen at the high profile startups and high tech leaders gathering, Viva Tech, in Paris, France, May 16, 2019. REUTERS/Charles Platiau
Wu will take over from Executive Vice-Chairman Joe Tsai, who will support Wu in her new role, Alibaba said in a statement on its official WeChat account. It did not elaborate further on Tsai’s move. “To guarantee innovation, invest in our future, Alibaba is undertaking an organizational upgrade,” the company said in the statement, signed by Chief Executive Officer Daniel Zhang.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Spotify Hires Interscope CFO Jeremy Erlich as Head of Music StrategyIn his new role, Erlich will focus on bolstering the streaming giant's relationships with the creative community.
Read more »
Etihad hires former Aer Lingus executive as new CFOEtihad Airways has appointed former Aer Lingus chief financial officer Andrew Ma...
Read more »
A Boeing executive reportedly said the company is open to a new name for the embattled 737 Max, which remains grounded worldwide after 2 deadly crashes“We’re committed to doing what we need to do to restore it. If that means changing the brand to restore it, then we’ll address that,' Boeing's CFO said.
Read more »
This Survey Should Terrify TrumpDuke University’s latest CFO survey has almost 70% of them predicting a recession by the end of 2020. If the CFOs act on their concerns by decreasing investments and hiring, then President Trump’s strongest talking point about his Presidency and reelection could substantially weaken.
Read more »
A Wall Street investment chief overseeing $26 billion breaks down why recession fears are overblown, even as the market clamors for Fed reliefThe yield-curve inversion between 10-year Treasurys and 3-month notes is a signal of low inflation, not imminent recession, industry watchers argue.
Read more »
Shanghai: Wu Jing Unveils First Trailer for Everest Epic 'The Climbers'The mountaineering adventure film, based on the true story of the first Chinese summit of Everest, also stars Jackie Chan, Zhang Ziyi, Jing Boran and Hu Ge.
Read more »