Alibaba Group Appoints New Executives

Following the recent change of its chief executive officer, Chinese e-commerce group Alibaba has now announced new executive appointments.

China’s Taobao.com Separates To Three Companies

Chinese B2B e-commerce group Alibaba has announced that to serve the customers more effectively and to ensure the competitiveness and innovation of Taobao.com, the group has decided to separate this subsidiary into three independent companies.