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Alibaba slumps after cloud unit CEO Daniel Zhang unexpectedly quits; Morgan Stanley highlights...
Investing.com via Yahoo Singapore Finance· 10 months agoInvesting.com -- Shares of Alibaba Group (HK:9988) (NYSE:BABA) slumped in Hong Kong trade on Monday after the e-commerce giant said that outgoing chief executive Daniel Zhang will also step down as the head of its cloud unit.
Alibaba unexpectedly handed over the reins to two co-founders
Quartz via Yahoo News Singapore· 1 year agoThree months after rejigging its corporate structure—splitting into six—Alibaba is rejigging its top...