Alibaba annaounce names next CEO

Chinese tech giant Alibaba announced on Tuesday that it will replace chairman and CEO Daniel Zhang with current executive vice chairman Joseph Tsai in September.

Zhang said in a statement it was “the right time” for him to step down as the firm looks to implement a full spin-off of its advanced cloud computing unit.

Previous article‘Insulted’ Courtois refuses to play Belgium qualifier
Next articleChinese Co. to invest US$ 9.5 million in Mongla EPZ