Monday, 9 March 2015

Alibaba Appoints Jeff Zhang as Head of Marketplace Websites

SAN FRANCISCO, March 9 (Reuters) – Alibaba Group Holding Ltd appointed Jeff Zhang the chief overseer of its main services on Monday, bringing Taobao, Tmall and Juhuasuan into a newly created “China Retail Marketplaces” division. It’s unclear how Zhang’s appointment affected Yilei Wang, who was President of the Amazon.com-like Tmall retail website. Alibaba said the move was intended to make more efficient use of resources and enhancing synergies, though the three services will continue to operate independently.

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