Alibaba says Daniel Zhang techniques down from cloud business

Daniel Zhang, chairman and main government officer Alibaba Team, reported the firm’s economic calendar year from April 2021 to March 2022 was impacted by the uncertainties all-around Covid, “new anticipations” on China’s net sector and the “higher frequency” of international geopolitical conflicts.

Wang Zhao | AFP | Getty Visuals

Alibaba Group reported on Sunday that Daniel Zhang will phase down as chairman and main
govt officer of its cloud enterprise.

Zhang experienced earlier been concurrently serving in 3 roles, heading the team as very well as its cloud unit.

He handed in excess of the job of the group’s CEO to Eddie Wu on Sunday, who will
also acquire cost of the cloud device soon after Zhang’s departure.

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