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Jack Ma Ally Joe Tsai to Take Helm of Alibaba

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Jack Ma Ally Joe Tsai to Take Helm of Alibaba

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https://www.wsj.com/articles/alibaba-says-joseph-tsai-to-take-over-as-chairman-succeeding-daniel-zhang-3bdf7a9

 1. Business


JACK MA ALLY JOE TSAI TO TAKE HELM OF ALIBABA


BROOKLYN NETS OWNER TSAI TO BECOME CHAIRMAN IN SHAKE-UP AT THE TOP OF E-COMMERCE
GIANT AS IT MOVES TO REBOOT GROWTH

By Raffaele Huang

Updated June 20, 2023 7:47 am ET
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Jack Ma, co-founder of Alibaba Group Holding Ltd., returned to mainland China
after spending roughly a year overseas. The trip home comes as Beijing eased up
on a tech crackdown that hit confidence among private businesses. Photo:
Hangzhou Yungu School

SINGAPORE—Alibaba Group BABA -0.88%decrease; red down pointing triangle named
Brooklyn Nets owner Joe Tsai to be its chairman, putting the close ally of
fellow co-founder Jack Ma atop the Chinese e-commerce giant as it seeks a
revival from sluggish growth amid fierce competition.

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