HONG KONG — Daniel Zhang, former chief govt of Alibaba Group Holding, has stepped down as the pinnacle of the Chinese language tech large’s cloud division, lower than 9 months after taking on the unit, the corporate stated Sunday evening.
As a part of Alibaba’s plan to separate into six most important enterprise teams, Zhang on Sunday had already been set to cede his roles of chief govt and chairman of Alibaba to Eddie Wu and Joseph Tsai, respectively. Each Wu and Tsai are founder Jack Ma’s decadeslong confidantes.