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 were the reasons behind Daniel Zhang's decision to leave the cloud division?

What roles did Daniel Zhang hold at Alibaba before his departure from the cloud division?

Who are the new key players taking over leadership roles at Alibaba?

What challenges are the new leaders at Alibaba expected to face?

What is the current status of Alibaba's plans for a potential IPO listing for Fresh Hippo?