Alibaba Appoints New CTO, CEO Becomes Interim Head of Cloud

Alibaba Group has made several changes to its top management team, replacing its CTO and giving chairman and CEO Daniel Zhang an additional role as acting president of its cloud business. Shuffling between the top seats is an annual tradition, the Chinese tech giant says.

Wu Zeming is Alibaba’s new CTO, succeeding Li Cheng, who was appointed to the role in 2019. Cheng will remain with the company as a technical advisor, Alibaba said in a statement on Thursday. Wu will continue to serve as his CTO for his services locally.

Daniel Zhang’s additional role as Acting President of Alibaba Cloud sees Jeff Zhang, who previously held that position, now lead the company’s research division, Damo AcademyJeff Zhang said, chip development Teams, T-Heads, Internet of Things (IoT) projects.

Alibaba said the top management team is being replaced “annually” to ensure the company can keep pace with market changes and team growth.

Alibaba detailed Jeff Zhang’s new role at Damo, and the company’s researchers said the problem of last-mile e-commerce delivery could Use of robots consumer issues related to metaverse.

All changes take effect immediately.

among them Latest Quarterly Resultsby September 2022, Alibaba reported a 3% year-on-year increase in revenue to 207.18 billion yuan ($29.12 billion).Total cloud revenue, including Alibaba Cloud and DingTalk, was 26.76 billion. million yuan ($3.76 billion).

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