Alibaba Group CEO takes charge of core businesses with new e-commerce role

Alibaba Group CEO takes charge of core businesses with new e-commerce role

FILE PHOTO: A man walks past a logo of Alibaba Group at its office building in Beijing, China August 9, 2021. REUTERS/Tingshu Wang

Alibaba Group CEO Eddie Wu will take over as chief executive of domestic e-commerce arm Taobao and Tmall Group effective immediately, the company said on Wednesday, boosting his direct control over the group’s core businesses.