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The logo of the Alibaba office building is seen in downtown Huangpu District in Shanghai, China, June 16, 2023.
Costfoto | Nurphoto | Getty Images
Alibaba Group said in a surprise announcement Tuesday Eddie Wu will succeed Daniel Zhang as its chief executive, a move that will free Zhang to focus on the company’s cloud intelligence business.
This succession plan comes after China’s largest e-commerce company said in March it will restructure its…
