FILE PHOTO: The Alibaba group logo is seen at the high profile startups and high tech leaders gathering, Viva Tech, in Paris, France, May 16, 2019. REUTERS/Charles Platiau
SHANGHAI (Reuters) – China’s Alibaba Group Holding Ltd on Tuesday said its chief financial officer, Maggie Wu, will move to oversee the firm’s strategic acquisitions and investments unit, as part of a business and management reshuffle at the e-commerce giant.
Wu will take over from Executive Vice-Chairman Joe Tsai, Alibaba said in a statement on its official WeChat account.
Its supermarket division, Freshippo, will become a standalone business, and enterprise software unit DingTalk will be merged into the firm’s cloud unit, Alibaba said in the statement.
Reporting by Brenda Goh and Josh Horwitz