Alibaba CEO Eddie Wu will continue to lead the company’s cloud division in a recent organizational restructure. Wu assumed the role in September following Daniel Zhang’s surprise step down. It is Taste of Future Sister-in-law (2023)widely believed within Alibaba that Wu is temporarily serving as the chief executive of the e-commerce giant’s cloud backbone, according to local media outlet Jiemian, quoting an employee. As part of the adjustment, Alibaba Cloud has introduced a new unit with a specific focus on public cloud service, which generated more than 70% of the company’s external cloud revenue in the three months to September, as Alibaba executives mentioned in a recent earnings call. [Jiemian, in Chinese]
