SHANGHAI: Alibaba Group CEO Eddie Wu will take over as chief executive of domestic e-commerce arm Taobao and Tmall Group effective immediately, the company said on Wednesday, boosting his direct control over the group's core businesses.
Wu, who has been Group CEO since September, also took over from previous head Daniel Zhang as the company's cloud business CEO that month. The latest appointment means Wu now leads the overall group as well as its two most important business divisions - cloud and domestic e-commerce.
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