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Alibaba ex-CEO Zhang quits co, Jack Ma’s confidants take over

Daniel Zhang, the former chief of Alibaba Group, has chosen to resign only a few months after accepting the leadership of its cloud division.…

Alibaba ex-CEO Zhang quits co, Jack Ma’s confidants take over
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Daniel Zhang, the former chief of Alibaba Group, has chosen to resign only a few months after accepting the leadership of its cloud division. This adds an additional element of unpredictability to China’s largest e-commerce company at a time when it is managing a complicated breakup.

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WHY IT MATTERS

This adds an additional element of unpredictability to China’s largest e-commerce company at a time when it is managing a complicated breakup.

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WHO IS AFFECTED

◯ Founders

Capital, customers and competition can change scaling decisions.

◯ Investors

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◯ Customers

New products, pricing and services may follow.

◯ Ecosystem

Jobs, partnerships and market opportunities can expand.

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WHAT TO WATCH NEXT

  • Track follow-on funding and execution.
  • Watch customer and market adoption.
  • Monitor policy, competition and profitability.

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