Alibaba CEO Daniel Zhang is no longer president of Taobao Software Co. Ltd

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Summary

Alibaba Group CEO Daniel Zhang has resigned as president of Taobao Software Co. Ltd., with Alibaba founder and current Taobao CEO Shan Dai stepping into the role. Zhang also departed as president of Tmall technology company, another key Alibaba subsidiary. Taobao Software Co. Ltd., established in 2004 with substantial registered capital, primarily focuses on the research and development of computer software, hardware, network technology products, and multimedia solutions. These leadership changes affect core R&D and product development arms within the e-commerce giant.

According to a recent change record from Chinese company registration information portal, the Chinese e-commerce giant Alibaba Group CEO Daniel Zhang is no longer the president of TaoBao Software Co. Ltd. His successor is Shan Dai, who is one of the founders of Alibaba and now Taobao CEO.

Along with the change, Daniel also quits as the president of Tmall technology company which is also one of the subsidiaries of Alibaba Group focusing on big brands.

Taobao (China) Software Co., Ltd. was established in December 2004 with a registered capital of USD 690 million. Its business scope includes research and development of computer software and hardware, network technology products, and multimedia products; sales of self-developed products, etc. 

CEO ALIBABA TAOBAO DANIEL ZHANG

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