Alibaba Group overhauls e-commerce businesses, names Toby Xu new CFO

Dec 06, 2021

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Alibaba Group overhauls e-commerce businesses, names Toby Xu new CFO on Business Standard. The changes come as Alibaba faces headwinds on multiple fronts, including increased competition, a slowing economy and a regulatory crackdown<br>

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Alibaba Group overhauls e-commerce businesses, names Toby Xu new CFO

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Downloaded from: justpaste.it/2yfjl Alibaba Group overhauls e-commerce businesses, names Toby Xu new CFO The changes come as Alibaba faces headwinds on multiple fronts, including increased competition, a slowing economy and a regulatory crackdown Alibaba Group Holding Ltd said on Monday it was reorganising its international and domestic e-commerce businesses and would appoint a new chief financial officer. The changes come as Alibaba faces headwinds on multiple fronts, including increased competition, a slowing economy and a regulatory crackdown. The e-commerce giant's Hong Kong-listed shares slid 8% in early morning trade.
Alibaba said it would form two new units to house its main e-commerce businesses - international digital commerce and China digital...read more

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