In 50 Words: Alibaba mulls restructuring, CEO Zhang may step down

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In 50 Words: Alibaba mulls restructuring, CEO Zhang may step down

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Alibaba Group may undergo further restructuring, with speculation that CEO and chair Daniel Zhang could step down to focus on developing Alibaba Cloud. Following its largest-ever organizational restructuring in March, the company established six major business groups, including Alibaba Cloud Intelligence.

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