Alibaba Group has made several changes to its management team, getting rid of its chief technical officer and giving its chairman and CEO, Daniel Zhang, an additional role as interim president of its cloud business. Reshuffles within the leadership team are an annual routine, according to the Chinese tech giant.
Wu Zeming is Alibaba’s new chief technology officer, succeeding Li Cheng, who was appointed to the role in 2019. Li Cheng will remain with the company as a technology adviser, Alibaba said in a statement Thursday.
The current CEO, Daniel Zhang, is given the role of acting chairman of Alibaba Cloud. Jeff Zhang, who previously held the position, will now lead the company’s research department, Damo Academy. Jeff Zhang also retains oversight of the chip development team, T-Head, and Internet of Things (IoT) projects.
The challenges of last mile delivery
Alibaba said changes to its leadership team are being made “every year” to ensure the company can keep pace with market changes as well as the growth of its team.
Regarding Jeff Zhang’s new role at Damo, Alibaba said its researchers are working on last-mile e-commerce delivery issues through the use of bots and consumer challenges related to the metaverse.
In its latest quarterly results, which end September 20, 2022, Alibaba reported a 3% year-on-year increase in revenue to 207.18 billion yuan ($29.12 billion). . The total cloud revenue, which includes Alibaba Cloud and DingTalk, is 26.76 billion yuan ($3.76 billion).
Source: ZDNet.com