June 20 (Reuters) – Alibaba Group Holding (9988.HK) said on Tuesday that Eddie Yongming Wu, chairman of its Taobao and Tmall Group, will succeed Daniel Zhang as chief executive officer, in the company’s biggest executive reshuffle since its restructuring.
The e-commerce giant announced in March it will split into six business units, each with its own CEO and board of directors, and adopt a holding company management model, in the biggest revamp of its 24-year history.
Below are the six divisions:
TAOBAO TMALL COMMERCE GROUP
The Taobao Tmall Commerce Group covers Alibaba’s domestic-facing e-commerce marketplaces, which make up over two-thirds of Alibaba’s total revenue. Taobao and Tmall are China’s dominant e-commerce marketplaces in Chin…
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