Alibaba Reshuffles E-Commerce Teams Amid Competition, Slowing Growth

  • 📰 WSJ
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Alibaba appointed a new CFO and said its various Chinese e-commerce units would be combined into one from next year, and that it would form a new international digital commerce team

Alibaba Group Holding Ltd. said it would reorganize its e-commerce teams and appointed a new chief financial officer, as the tech giant faces increasing competition in China, slowing growth and a plummeting stock price.

The company said Monday that its various Chinese e-commerce units would be combined into one from next year, and that it would form a new international digital commerce team.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yeah, okay. But what about the communist bs government assholes? That’s the main reason for the decline in CCP listings.

Gotta read this PR as this is paywalled per usual... wonder if this is Zhang trying to reassure investors instead of the Party for a change?

All I think about when I hear $BABA 📉📉📉📉📉📉📉📉📉📉📉📉📉📉📉

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Alibaba overhauls e-commerce businesses, appoints new CFOInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. 阿里巴巴全面改革电子商务业务,任命新首席财务官,因其在多个方面面临阻力 Just boucott Chinese stonks 🤣
Source: BusinessInsider - 🏆 729. / 51 Read more »

Activist investor urges Kohl's to sell -- or to spin off its online businessAn activist investor is urging department-store chain Kohl’s Corp. to consider a sale of the company or a separation of its e-commerce business. You missed Sand, Mana, ENJ, dont miss ALU Altura with SmartNFT and metaverse is the best choice . It is only 0.19$ and 67k holders. altura_nft POWERING THE FUTURE OF GAMING Altura provides the infrastructure for the future of in-game items, digital assets and The Metaverse I saw several people testifying of making so much money with the help of AmeliDavd on Bitcoin option trade and I decided to give a try and now I'm glad now she helped me and my colleagues to make $5000 in one week, thank you for transparency and trust.
Source: MarketWatch - 🏆 3. / 97 Read more »

WSJ News Exclusive | Kohl's Is Urged to Consider E-Commerce SeparationEngine Capital is urging Kohl’s to consider a sale or a separation of its e-commerce business, according to a letter the activist investor sent to the board Sad!My Free Holidays Gift to everyone,my 33 minutes Christmas short Film, it will make everyone, laugh, sing and dance, get it MP3 & MP4, for free, it is called: JESUS IS THE REASON FOR THE SEASON. Please make any donation to my PayPal, o support my works, Kohl’s? JeffPor51053232 1% owner makes “breaking news”? need to up the standards on reporting here.
Source: WSJ - 🏆 98. / 63 Read more »

IMF: New Covid variant Omicron could slow global economic growthGlobal growth projections from the International Monetary Fund will likely be downgraded due to the emergence of the Omicron variant of the coronavirus.
Source: trtworld - 🏆 101. / 63 Read more »

Africa’s ties to China and the West are starting to look more alikeChina has financed, developed or operates 35 big African ports and thousands of miles of roads and railway lines. However, many worry that China is losing interest in Africa cnn we Africans and China will stand together for the bright future noMore lias coz they cant dominate the africans. they will beat the XiVariant sh*t outta the. wow
Source: TheEconomist - 🏆 6. / 92 Read more »

‘Lego Masters’ Renewed for Third Season at FoxWill Arnett will return as host and executive producer of the competition show.
Source: THR - 🏆 411. / 53 Read more »