Alibaba reshuffles management, creates Freshippo as a standalone unit

Source: dealstreetasia, Wednesday, Jun 19, 2019

China’s Alibaba Group has announced that it's Chief Financial Officer, Maggie Wu, will oversee the firm’s strategic acquisitions and investments unit, as part of a business and management reshuffle at the ecommerce giant.

Wu will take over from Executive Vice-Chairman Joe Tsai, who will support Wu in her new role.