Alibaba Consolidates Domestic, Overseas E-Commerce Operations into Single Business Group

Alibaba Group, 11/21/24

Chinese e-commerce giant Alibaba Group (NYSE: BABA; 9988.HK) announced today the establishment of Alibaba E-commerce Business Group, integrating the businesses of Taobao and Tmall Group, Alibaba International Digital Commerce Group, the 1688 Marketplace, Idle Fish and others - covering both domestic and international supply chains – into a single business group. JIANG Fan has been appointed as the chief executive officer of this business group.

Editor’s Note: Alibaba Group is looking to 39-year-old Jiang, who has been serving as chief executive of Alibaba International Digital Commerce Group, to help bring fresh, innovative ideas to the company’s development strategy in the face of fierce competition from younger rivals such as PDD, Douyin, and Kuaishou.

Keywords: 1688.com corporate restructuring Idle Fish e-commerce Taobao Internet Alibaba Group Jiang Fan Tmall BABA 9988.HK C2C Alibaba.com B2C

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