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The Independent UK
The Independent UK
National
Zen Soo

China's Alibaba names CEO Eddie Wu to head its e-commerce business as its growth falters

Eddie Wu Alibaba e-commerce China United States Pinduoduo Joe Tsai PDD
Copyright 2021 The Associated Press. All rights reserved

China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo.

Wu is replacing Trudy Dai, a longtime Alibaba executive who was one of the founding employees of the company.

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