E47: Why does Alibaba replace Taobao CEO?

Yesterday (20 Dec), Alibaba Group announced that Eddie Wu, CEO of the Group will also serve as the CEO of Taobao and Tmall Group. This is 3 months after Eddie took over as Group CEO.    In this episode, we delve into:  Alibaba Group’s transformation journey in 2023 - the highs and lows of the organisations restructuring efforts; The external pressure on Alibaba, especially from newer players - Pinduoduo and Bytedance; Alibaba Group’s efforts to remain agile in the ever-changing tech ecosystem; The role AI will play in enhancing the operational efficiency of companies   Happy listening!   Featured materials: Alibaba group announces change of CEO of Taobao and Tmall Group  Alibaba group Announced September Quarter 2023 Results, Alibaba Group Why is Pinduoduo’s execution so strong?, TheLowDown Inside Temu: the fiery culture and a perpetual efficiency machine, TheLowDown