Alibaba Appoints Eddie Wu as New CEO; Joseph Tsai to Be New Chairman Starting September 10

Alibaba Appoints Eddie Wu as New CEO; Joseph Tsai to Be New Chairman Starting September 10

Chinese tech giant Alibaba said Tuesday it will replace its top boss in a surprise move at the e-commerce titan as it looks to recover from years of slow growth caused by weak consumer spending and a crackdown by authorities. The move comes as the market leader prepares to undergo…