On December 20th, Alibaba announced that Wu Yongming, CEO of Alibaba Group and Chairman of Taotian Group, will also serve as CEO of Taotian Group.
Alibaba Group Chairman Cai Chongxin stated in a letter to all members that Wu Yongming, who took over as CEO of Alibaba Group for three months, has clarified the strategic focus and priority choices of the entire group, made resolute choices around the main business, and comprehensively promoted the reform of the management team's youthfulness. Having Wu Yongming concurrently serve as the number one position for Alibaba Cloud and Taotian will help to lead Taotian's transformation through technological innovation, and ensure the group's unified command and high-intensity continuous investment in the two strategic focuses of e-commerce and cloud.