Alibaba Replaces CFO, Reshuffles Commerce Heads

Alibaba is undergoing significant management changes following a $2.8 billion antitrust fine. Maggie Wu is stepping down, and Toby, her deputy, will take over. The company faces challenges such as increased competition and regulatory scrutiny, impacting its revenue outlook. Alibaba is restructuring its commerce business into international and domestic segments to adapt to these challenges.

Who is replacing Maggie Wu as the CFO of Alibaba?

• Jack Ma

• Toby

• Trudy Dai

• John Fan

What was the amount Alibaba paid in April to the antitrust authorities?

• $1.5 billion

• $2.8 billion

• $3.2 billion

• $4 billion

Which companies are mentioned as growing competitors to Alibaba?

• Huawei and ZTE

• JD.com and Xiaomi

• Tencent and Baidu

• Pinduoduo and ByteDance

What is a notable concern for Alibaba regarding its ADR listing?

• Potential delisting from New York

• Increased competition in China

• Decline in stock prices

• New management policies

How is Alibaba restructuring its commerce business?

• Splitting into international and domestic segments

• Merging with other companies

• Expanding into new industries

• Focusing solely on domestic market