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Daniel Zhang, ex-chief of Alibaba, resigns from cloud division.

In a surprising turn of events, the e-commerce group has announced a leadership shake-up alongside its decision to break up its empire. This move marks a significant shift in the company’s strategy, as it seeks to focus on a more streamlined and specialized approach to its various businesses.

The leadership shake-up is aimed at bringing in fresh perspectives and expertise to drive the company’s new direction. The group is looking to appoint leaders who have a strong track record in the specific sectors that the company operates in. This move is expected to inject new energy and vision into the organization, allowing it to adapt more effectively to the rapidly evolving e-commerce landscape.

As the e-commerce group begins to break up its empire, it aims to create separate entities that can operate more autonomously and cater to the unique needs of their respective markets. This restructuring will enable each entity to have more flexibility in decision-making and resource allocation, ultimately leading to greater efficiency and competitiveness. By dividing its empire, the group hopes to unlock untapped potential and explore new growth opportunities in each business segment.

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