Daniel Zhang will serve exclusively as Chairman and CEO of Alibaba Cloud Intelligence Group.
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced the launch of Apsara Developer Community.
Alibaba will become dual-primary listed on the New York Stock Exchange and Hong Kong Stock Exchange upon completion.
Investors claim that Alibaba failed to disclose regulatory risks that led to a suspension of the planned IPO of Ant Group Co. Ltd.
Weijian Shan, executive chairman of investment group PAG, was appointed as an independent director to Alibaba’s board.
Toby Xu, Deputy Chief Financial Officer, will succeed Maggie Wu as Alibaba’s CFO, effective April 1, 2022.
J.P. Morgan (NYSE:JPM) went live with credit card payments processing for Alibaba.com, the B2B business unit of Alibaba Group.
BBVA will offer payment and financing services on Trusple – Ant Group’s blockchain platform for global trade.
Eric Xiandong Jing is taking over the CEO role at Ant Group from Simon Hu Xiaoming.
Alibaba says that Ant Group’s business prospects and IPO plans are subject to substantial uncertainties.