Alibaba is making international markets a key goal, as Amazon reports an upsurge of 300 per cent of sales on its Chinese site.
Alibaba gets new CEO as revenues increase 45 per cent
Chinese e-commerce giant Alibaba has appointed a new chief executive, and announced 45 per cent growth for the quarter. Daniel Zhang currently chief operating officer, will become chief executive and has said he would continue his predecessor’s push into mobile and and expansion into new businesses. He replaces Jonathan Lu, who will remain on the… Read more »