Alibaba has announced that crypto-friendly Joseph Tsai, currently Executive Vice Chairman, will replace eight-year veteran chief Daniel Zhang as the company's new Chairman. In a Tuesday press release, the company also said that Eddie Wu, now chairman of Alibaba’s core Taobao and Tmall online commerce divisions, will take over as chief executive of the $240 billion company. The appointments will take effect on September 10, 2023.... Read More: Alibaba Names Crypto-Friendly Joseph Tsai as New Chairman