Latest Alibaba leadership reshuffle set to make China’s largest ecommerce market more tech-focused, analysts say

Alibaba’s Taobao and cloud units will directly answer to the conglomerate’s CEO, Eddie Wu, as the tech giant seeks to take on budget-focused PDD. While grappling with low consumer spending, Alibaba has undergone drastic changes in 2023 amid a corporate restructuring and multiple leadership changes. — SCMP

Alibaba Group Holding’s decision to put its ecommerce and cloud units under a single chief executive is set to make China’s largest online market more technology-driven and consumer-oriented as it seeks to fend off rising competition, according to analysts.

Alibaba, owner of the South China Morning Post, on Wednesday named Eddie Wu Yongming, the co-founder who is already CEO of the conglomerate and its cloud unit, as head of the Taobao and Tmall Group (TTG), the tech giant’s key revenue driver. He replaced Trudy Dai Shan, another Alibaba co-founder.