New group CEO Eddie Wu is now chief executive of cloud and online retail divisions as well, as major restructuring continues
Alibaba chief Eddie Wu has strengthened his grip on the sprawling tech conglomerate, reshuffling management once again to take direct charge of its core ecommerce business as it loses market share to rivals PDD Holdings and ByteDance.At the end of a year of restructuring, executive changes and strategy reversals, Wu is now chief executive of Alibaba’s ecommerce unit, as well as chief of its cloud division and group CEO, roles he only assumed in September.
阿里巴巴(Alibaba)首席执行官吴泳铭(Eddie Wu)加强了他对这个庞大科技集团的控制，通过再一次重组管理层，直接掌管该集团核心的电商业务。此举的背景是竞争对手拼多多(PDD Holdings)和字节跳动(ByteDance)正在夺走它的市场份额。
Wu had unexpectedly taken leadership of the cloud business, overturning a succession plan through which departing group chief executive Daniel Zhang was to head up the unit.The Financial Times reported in November that Wu had pushed him out.
On Wednesday, the group announced Wu was replacing longstanding executive Trudy Dai as chief executive of the Taobao and Tmall ecommerce platforms. Together, the platforms provide the country’s largest online shopping services, but they have been steadily losing market share to Temu and Pinduoduo owner PDD Holdings, and ByteDance’s Douyin, the Chinese version of TikTok.