Alibaba’s Daniel Zhang launches restructuring following Singles’ Day record


By Zen Soo

This is the first significant reorganisation by Zhang since he was named chairman-designate.

Alibaba chief executive Daniel Zhang Yong announced that Alibaba would be restructuring its Tmall e-commerce business and upgrading its Alibaba Cloud business unit as they become more strategically important.

As part of the reorganisation, Tmall will now include the e-commerce platform, Tmall Supermarket, and Tmall’s import and export business, according to the statement posted on Alibaba’s official Weibo account.

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