Overview

• Alibaba has merged its domestic eCommerce platforms, Taobao and Tmall, with its international operations, including AliExpress and Alibaba.com, into a single unit called the Alibaba E-commerce Business Group.
• Jiang Fan, previously head of Alibaba's international eCommerce division, has been named CEO of the new unit, reporting directly to Group CEO Eddie Wu.
• The restructuring aims to improve synergy across domestic and international supply chains and strengthen Alibaba's competitiveness against rivals like Pinduoduo, Temu, and TikTok's eCommerce platforms.
• Alibaba's international eCommerce segment saw 29% year-over-year revenue growth in the most recent quarter, significantly outpacing the company's overall 5% revenue growth.
• The move follows Alibaba's 2023 decision to split into six business units, marking its largest organizational change in 25 years, as it adapts to shifting market dynamics and intensifying competition.