Alibaba CEO Eddie Wu will continue to lead the company’s cloud division in a recent organizational restructure. Wu assumed the role in September following Daniel Zhang’s surprise step down. It is Street Stall (2015)widely believed within Alibaba that Wu is temporarily serving as the chief executive of the e-commerce giant’s cloud backbone, according to local media outlet Jiemian, quoting an employee. As part of the adjustment, Alibaba Cloud has introduced a new unit with a specific focus on public cloud service, which generated more than 70% of the company’s external cloud revenue in the three months to September, as Alibaba executives mentioned in a recent earnings call. [Jiemian, in Chinese]
