SHANGHAI, Sept 12 — New Alibaba Group CEO Eddie Wu has told staff the tech giant’s two main strategic focuses going forward will be “user first” and “AI-driven”,...
SHANGHAI, Sept 12 — New Alibaba Group CEO Eddie Wu has told staff the tech giant’s two main strategic focuses going forward will be “user first” and “AI-driven”, according to an internal letter reviewed by Reuters.
The new CEO, one of Alibaba Group’s founders and long-time lieutenant of Jack Ma, is laying out his strategic priorities at a key moment for Alibaba, which is undergoing the biggest organisational restructure of its 24-year history. The news came as a surprise to many, as Zhang had said in June he was stepping away as CEO of Alibaba Group to focus on the cloud division, which is aiming to have an IPO by May 2024.