Alibaba Names Crypto-Friendly Joseph Tsai as New Chairman

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Alibaba Names Crypto-Friendly Joseph Tsai as New Chairman

Alibaba has revealed its leadership transition plans, with the pro-crypto Joseph Tsai set to replace long-time chief Daniel Zhang as the new Chairman.
In a Tuesday press release, the company also said that Eddie Wu, now chairman of Alibaba’s core Taobao and Tmall online commerce divisions, will take over as chief executive of the $240 billion company. 
The appointments will take effect on September 10, 2023….
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