Alibaba's Ex-CEO Daniel Zhang Quits

Daniel Zhang transitioned from CEO to lead Alibaba's cloud division, a key growth area. However, he has resigned, and Eddie Wu and Joseph Sy have taken over leadership roles. Alibaba faces challenges in spinning off divisions like Fresh Hippo due to market conditions and valuation issues.

What role did Daniel Zhang agree to take on after stepping down as CEO and Chairman of Alibaba?

• Head of Logistics

• Leader of the Cloud Division

• Chief Financial Officer

• Director of Marketing

Who are the two key figures taking over leadership roles at Alibaba?

• Eddie Wu and Joseph Sy

• Jack Ma and Daniel Zhang

• Vonnie Heidi and Eddie Wu

• Joseph Sy and Daniel Zhang

What is one of the main challenges faced by the new leadership at Alibaba?

• Expanding into the European market

• Unlocking further growth drivers and spinning off divisions

• Reducing the workforce by 50%

• Increasing the number of retail stores

What is the name of the division Alibaba is considering spinning off, which faced valuation challenges?

• Taobao

• Fresh Hippo

• Alibaba Cloud

• AliExpress

Why has Alibaba put the IPO plans for Fresh Hippo on hold?

• Weak market sentiment and valuation issues

• High investor interest

• Strong market sentiment

• Successful IPO of another division