Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Saturday, February 16, 2019 06:24:04 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Alibaba's Zhang prepares to step from Jack Ma's shadow

By
11th-Sep-2018       
Comments
Share your thought
Post a comment »
Read all () »

AFP, Shanghai :
Both in personality and skillset, Alibaba's Daniel Zhang will herald a new era for the Chinese e-commerce giant when he takes over full leadership from charismatic founder Jack Ma.  Ma announced Monday that in exactly one year he will hand the executive chairmanship of Alibaba's board to Zhang, CEO since 2015.  Outwardly at least, their differences could not be more stark.  Former English teacher Ma, 54, has become a globally recognised figure through his constant travel and playful antics such as impersonating Michael Jackson at a company event last year.
Zhang, 46, on the other hand, is a mild-mannered accountant with a calm, collected demeanour.
But Zhang is routinely referred to by Chinese media as the man who transformed Ma's sturdy little "tractor" into a "Boeing 747", and analysts say he is more than up to the task.
Hailing from the commercial hub of Shanghai, Zhang studied finance at Shanghai University of Finance and Economics.  He was a senior manager at global auditor Price Waterhouse Coopers and chief financial officer of a Chinese online games company before joining Alibaba in 2007 as CFO of its main online marketplace Taobao.  Zhang is credited with building Alibaba's Tmall business-to-consumer platform into one the group's most successful arms, and creating the annual November 11 "Singles' Day" online shopping bonanza, China's biggest retail day of the year.
Launched in 2009 as China's answer to the US "Black Friday", "Singles' Day" last year saw more than $25 billion worth of goods snapped up on Alibaba platforms, up nearly 40 percent year-on-year.
Billions of dollars more were boughts via Alibaba's e-commerce rivals, who have joined in.

Tariff
Add Rate

News Archive

Inside The New Nation

Editorial »

Save the Sunderbans to save the Royal Bengal Tigers


FOR the constant rise in sea levels and rapid climate change, the famous Royal Bengal Tigers of the Sunderbans could be disappeared within 50 years, especially from the Bangladesh part, according to a new study published recently in the journal Science of The Total Environment. A team of Bangladeshi and ...

City »

Members of RAB-2 nabbed one on Friday from Narayanganj for taking money from government officials from different areas in the country impersonating Anti-Corruption Commission official.


.

Cricket »

Feels like it`s a blessing to just be playing again: Steyn


Agency :Dale Steyn, the South African mainstay, continued to impress on his comeback trail, as he bowled at high pace and picked up four wickets over a long spell on Day 2 of the first Test of the two-match series versus Sri Lanka in Durban.The veteran fast bowler bowled at ...

Entertainment »

Shanta Jahan feels comfortable in hosting


Sheikh Arif Bulbon :Popular host of present time Shanta Jahan has to be engaged with hosting round the year in and outside the country in different stage shows and TV programmes. Besides hosting, she has more identities. She is also a model and TV actress. But she always feels comfortable ...

International »

Trump heavier, but in ‘very good health’: Doctor


AFP, Washington :President Donald Trump is a little heavier than last year and needs a higher dose of cholesterol medicine, but remains in "very good health," his official doctor said Thursday.The presidential physician, Sean Conley, said Trump, 72, passed his medical exam last week with flying colors."It is my determination ...

Cricket »

It was difficult to hit through the line of the ball in Napier: Guptill


Martin Guptill is happy to work his way through the travails of a slow Napier pitch and score an ODI hundred, which helped New Zealand beat Bangladesh by eight wickets in the opening game of the three-match series. The hosts had notably lost the ODI against India here couple of ...

International »

Taliban announces surprise talks with US in Pakistan


PTI, Islamabad :The Taliban said Wednesday that its negotiators would meet US envoys for talks this month in Islamabad, and also sit down with Pakistan Prime Minister Imran Khan to discuss Afghanistan.While Islamabad did not immediately confirm the talks, Washington said it had "noted" the announcement, which comes after weeks ...

International »

Judge finds Manafort lied to investigators in Russia probe


AP, Washington :Former Trump campaign chairman Paul Manafort intentionally lied to investigators and a federal grand jury in the special counsel's Russia probe, a judge ruled Wednesday.U.S. District Judge Amy Berman Jackson's decision was another loss for Manafort, a once-wealthy political consultant who rose to lead Donald Trump's 2016 campaign ...

Editorial »

Myanmar`s provocation: Dhaka should deal with the issue delicately


YET again Myanmar has shown Saint Martin's Island of Bangladesh as of its part in the official map. Protesting it, Dhaka on Thursday summoned Myanmar Chargé d'affaires and handed over a strongly worded protest note also expressing serious dissatisfaction over repeating such false claim, and demanded immediate corrective measures. Director ...

City »

40 personnel receives Coastguard awards


Staff Reporter  :A total of 40 personnel of Bangladesh Coastguard have been awarded for the prestigious 'Bangladesh Coastguard Award', 'President Coastguard Award', 'Bangladesh Coastguard (service) Award' and 'President Coastguard (service) Award' this year for best performance in their duties. Home Minister Asaduzzaman Khan Kamal handed over the awards to them ...

Entertainment »

Adah hits bull`s eye with her gun for Valentine`s Day and the video goes viral


Did you know Adah Sharma is a trained sharp shooter? The Commando 2 actress shared a Valentine’s Day video breaking hearts, shooting them and didn’t miss even one target. Check out how with ease she picks up 5kg rifles and hits all 5 targets in less than a minute, with ...

Editorial »

None should create abnormal situation in apparel sector


AROUND 11,000 apparel workers of 99 factories in Dhaka, Ashulia, Savar, Gazipur and Narayanganj have so far been fired and 3,500 others have been implicated in 34 cases for their participation in the movement held in January demanding proportionately wage hike, according to the IndustriAll Bangladesh Council (IBC), a platform ...

Football »

Sala's body to be returned to Argentina on Friday


Argentine footballer Emiliano Sala's body is to be returned to Argentina on Friday, the mayor of his hometown of Progreso, Julio Muller, told AFP Tuesday.Sala's body was recovered from plane wreckage in the English Channel last week. He was flying to his new team, English Premier League side Cardiff City, ...

Cricket »

BD lose to NZ in 1st ODI


Sports Reporter :Bangladesh lost to New Zealand by eight wickets in the first One Day International (ODI) match at Napier in New Zealand on Wednesday.Electing to bat first, Bangladesh scored 232 off 48.5 overs.In reply, New Zealand reached the winning target making 233 for the loss of two wickets when ...

International »

Trump says not `happy` with border deal but shutdown unlikely


President Donald Trump indicated Tuesday that he will walk back his threat to shut the government even if he does not get all the money he has demanded for building a wall along the US-Mexican border.Although Trump left enough wiggle room to keep the country guessing, he appeared to be ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news