Luxury Daily
The authority in luxury news.
July 5, 2025
  1. TikTok reshaping luxury buying behavior, new research finds
  2. New documentary offers rare look inside service culture at Mandarin Oriental
  3. McLaren updates supercar production with state-of-the-art technology
  4. Happy Fourth of July!
  5. Isetan becomes the next victim of China’s challenging retail landscape
  6. Louis Vuitton brings City Guide event series to Fotografiska Shanghai
  7. Personalize luxury brand marketing strategies for lasting loyalty
  8. LVMH Prize 2024 winners announced
  9. LVMH revenues dip 2pc in Q1
  10. Chanel reports 4pc revenue drop in 2024
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Commerce

Alibaba Group shakes up leadership, shares CEO succession plan

June 20, 2023

Jack Ma’s sprawling conglomerate Alibaba just announced it is splitting into six entities, which is the largest restructuring in its 24-year history. Image credit: Shutterstock In a new position as CEO and chairman, Mr. Zhang will helm Alibaba Cloud Intelligence Group exclusively. Image credit: Shutterstock

 

By Luxury Daily News Service

Chinese business executive Daniel Zhang, CEO of ecommerce giant Alibaba, is resigning from his post to head the group's intelligence arm.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. TikTok reshaping luxury buying behavior, new research finds
  2. New documentary offers rare look inside service culture at Mandarin Oriental
  3. McLaren updates supercar production with state-of-the-art technology
  4. Happy Fourth of July!
  5. Isetan becomes the next victim of China’s challenging retail landscape
  6. Louis Vuitton brings City Guide event series to Fotografiska Shanghai
  7. Personalize luxury brand marketing strategies for lasting loyalty
  8. LVMH Prize 2024 winners announced
  9. LVMH revenues dip 2pc in Q1
  10. Chanel reports 4pc revenue drop in 2024
VIDEOS
More Videos

MORE IN Commerce
Gucci taps K-pop force Lee Know as ambassador
Bentley opens three showrooms in North America
Vera Wang owner enters new licensing agreement
Anna Wintour to give up title at American Vogue
Genesis named first-ever official vehicle of PGA Tour
Mercedes-Benz bolsters Amazon’s electric delivery fleet



RECENT ARTICLES
Rolex marks 47 years as official Wimbledon timekeeper
Happy Fourth of July!
TikTok reshaping luxury buying behavior, new research finds

New documentary offers rare look inside service culture at Mandarin Oriental
72pc of affluent APAC travelers to increase trip spending: Marriott
McLaren updates supercar production with state-of-the-art technology