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Alibaba brings in new CFO in management reshuffle dividing domestic and overseas e-commerce amid Big Tech crackdown



Alibaba Group Holding promoted Toby Xu to succeed long-standing chief monetary officer Maggie Wu, and named new leaders to its commerce enterprise, within the greatest administration reshuffle for one of many world’s largest e-commerce corporations as CEO Daniel Zhang seeks larger agility and strategic readability.Xu, the deputy chief monetary officer who joined the corporate in July 2018, will succeed Maggie Wu as the corporate’s CFO on April 1. Wu will stay director of the board and turn into a member of Alibaba…



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