Daniel Zhang News

26.02 / 03:29
markets UPS IPO TikTok track exclusive Interviews After doubts about Alibaba's future, co-founder Joe Tsai says: 'We're back'
Chinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder Joe Tsai told CNBC's Emily Tan in an exclusive interview Friday.
24.01 / 05:43
markets UPS Trade show performer track reports Alibaba’s Hong Kong shares surge 5% on report of Ma buying stock
Investing.com-- Hong Kong shares of Alibaba Group (NYSE:BABA) surged on Wednesday, tracking a bounce in their U.S. counterparts after reports showed co-founders Jack Ma and Joe Tsai were acquiring shares in the e-commerce giant.
20.12 / 04:43
Provident CEO Alibaba CEO Eddie Wu to lead Taobao and Tmall e-commerce business in latest reshuffle
BEIJING — Alibaba Group CEO Eddie Wu is taking over the top role at the company's Taobao and Tmall e-commerce business, replacing Trudy Dai in the Chinese internet tech giant's latest management shakeup this year.
20.12 / 04:08
Reuters CEO Alibaba Group CEO takes over as chief of domestic ecommerce business
Alibaba Group CEO Eddie Wu will take over as chief executive of Taobao and Tmall Group, Alibaba's domestic e-commerce arm, effective immediately, the company said on Wednesday. Wu, who has been Group CEO since September, also took over from previous head Daniel Zhang as the company's cloud business CEO that month. The latest appointment means Wu now leads the overall group as well as its two most important business divisions — cloud and domestic e-commerce.
16.11 / 14:59
Digital CEO Platform Strategy country social reports Alibaba scraps cloud business spin-off citing US chip curbs
Alibaba Group has scrapped plans to spin-off its cloud business, citing uncertainties created by US export curbs on chips used in artificial intelligence applications. The U.S.
16.11 / 12:33
CEO Pinduoduo performer reports China's Alibaba to scrap cloud unit spinoff in response to US chip curbs
(Reuters) -China's Alibaba (NYSE:BABA) Group Holding said on Thursday it will scrap the spin off of its cloud unit in response to export curbs by the United States on chips used in artificial intelligence applications.
26.09 / 14:55
IPO Provident FIVE Maxim CEO Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong
Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong
12.09 / 11:29
CEO Strategy ByteDance Baidu social Alibaba's new CEO Wu promotes AI to top priority
Alibaba Group Holding Ltd. (NYSE:BABA) is placing a strong emphasis on artificial intelligence (AI) and user experience under the leadership of new Chief Executive Officer Eddie Wu.
11.09 / 22:05
UPS Maxim CEO Strategy Former CEO of China's Alibaba quits cloud business in surprise move during its leadership reshuffle
The former CEO of Alibaba has resigned as head of its cloud computing business in a surprise move as the Chinese e-commerce empire wraps up a leadership reshuffle
11.09 / 22:05
Facebook UPS Platform Qualcomm Instagram fall Qualcomm, Meta Platforms rise; J.M. Smucker, RTX fall, Monday, 9/11/2023
Stocks that are trading heavily or have substantial price changes Monday: Qualcomm, Meta Platforms rise; J
11.09 / 15:13
UPS IPO Progressive CEO ByteDance Huawei The Alibaba Spinoff Trade Loses More Steam
An unexpected twist to Alibaba’s changing of the guard—and a drip feed of other bad news—has undermined the bullish sentiment surrounding the Chinese e-commerce giant earlier this year. And given how China-adverse investors have become, it may be tough to reverse that without an all-clear for the economy more broadly—especially since Alibaba executives may be tempted to slow-walk restructuring plans as long as China’s stock markets remain in the doldrums. Alibaba’s Hong Kong-listed shares fell 3% Monday in the wake of two potentially significant developments: a report from Bloomberg, citing sources, that the firm would put on hold a potential IPO of its Freshippo grocery chain, and a surprise personnel change.
11.09 / 13:45
UPS Manufacturing Action Apple Tesla Qualcomm Tesla, Apple, Hostess Brands, Qualcomm rise premarket; Alibaba falls
Investing.com — U.S. futures traded slightly higher Monday, ahead of the release this week of fresh inflation data which could give guidance of future Federal Reserve monetary action.
11.09 / 12:39
Provident CEO Apple Software Tesla Qualcomm Stocks making the biggest moves premarket: Qualcomm, Tesla, Hostess and more
Check out the companies making headlines in premarket trading Monday.
11.09 / 10:51
Reuters CEO country Alibaba slumps after cloud unit CEO Daniel Zhang unexpectedly quits; Morgan Stanley highlights increased uncertainty
Investing.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.
11.09 / 06:33
UPS Provident CEO Platform Strategy Enterprise Alibaba’s ex-CEO quits as Jack Ma’s lieutenants take helm
Alibaba Group Holding Ltd’s former chief Daniel Zhang has decided to quit just months after agreeing to lead its cloud division, introducing another layer of uncertainty to China’s largest e-commerce company just as it’s navigating a complicated breakup.
10.09 / 15:43
CEO Alibaba says Daniel Zhang steps down from cloud business
Alibaba Group said on Sunday that Daniel Zhang will step down as chairman and chief executive officer of its cloud business. Zhang had previously been concurrently serving in three roles, heading the group as well as its cloud unit.
26.06 / 09:35
Adoption NEAR boost Near Foundation NEAR Foundation and Alibaba Cloud Join Forces to Boost Web3 Development in Asia
NEAR Foundation, a non-profit organization responsible for developing the NEAR protocol, has partnered with Alibaba Cloud to facilitate the growth of Web3 in Asia and the Middle East. 

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