Alibaba’s meals supply head Yu Yongfu is scheduled to step ailing at the utmost age of March, coinciding with the tip of the corporate’s 2024 fiscal moment, as a part of a up to date control overhaul on the tech large. Over 3 years, Yu has been answerable for Alibaba’s native past sector, which contains Ele.me and Amap. All over Yu’s tenure, Ele.me has “positioned itself clearly amidst fierce market competition,” age mapping carrier Amap “became a deserved industry leader,” CEO Eddie Wu wrote in an inner Alibaba memo cited by means of the Chinese language media outlet LatePost. Wu’s memo famous that Yu will stay as a spouse at Alibaba and is ready to make use of the e-commerce giant-backed eWTP charity to hunt world alternatives and enlargement via investments. Yu’s provide place is ready to transition to more youthful management, with the wave well-known era officer of the Native Carrier Staff Wu Zeming eager to breaking in as chair of Ele.me, and the Amap chair position to be stuffed by means of Amap President Liu Zhenfei. [LatePost, in Chinese]
