The Return of Daniel Jallen to the CEO of Alibaba

Daniel Jallen, the CEO of Alibaba Cloud is stepping down and he's going to focus just on heading up cloud. The company has been losing a bit of market share to some of the government state-backed cloud providers. Having him there as a reliable person at the helm of the company, that's something that investors are excited about. Same with the new CEO, Edi Wu. These are people who have been with Jack Ma, who's sort of still the spiritual leader of the company from the very beginning.