Alibaba Group's Hong Kong-listed shares dropped as much as 3.8% on Friday, a day after the company announced plans to merge all of its e-commerce arms, both domestic and international, under a single business unit, overseen by one leader.
Jiang Fan, who served as acting CEO of Alibaba's domestic e-commerce operations, has been tapped to lead the new unit. This is the first time that the Chinese tech giant has put all of its e-commerce platforms under one business unit run by a single leader , Reuters reported.
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Fonte: CNBC - 🏆 12. / 72 Leggi di più »