Chief financial officer Maggie Wu has been put in charge of strategic acquisitions and investments at Alibaba, replacing executive vice-chairman Joe Tsai.
China-based e-commerce and internet conglomerate Alibaba has made chief financial officer Maggie Wu (pictured) head of its strategic acquisitions and investments unit, Alibaba Innovation Ventures, CNBC reported yesterday.
Wu replaces Joe Tsai, co-founder and executive vice-president of Alibaba, who will continue to provide support for Alibaba’s strategic investment operations. Wu joined the company in 2007 as chief financial officer of its business-to-business e-commerce platform.
The decision marks the first major reshuffle since Alibaba co-founder and chairman Jack Ma announced in…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
