Alibaba Revamps E-Commerce Businesses, Appoints New Chief Financial Officer
On Monday, Alibaba announced a reorganization of its international and domestic e-commerce businesses, as well as the appointment of a new chief financial officer. The changes come as Alibaba faces multiple headwinds, including increased competition, a slowing economy, and regulatory scrutiny. In order to become more agile and accelerate growth, Alibaba announced the formation of…