• <a fr-original-style="" href="https://techcrunch.com/2021/12/05/alibaba-undergoes-major-management-reshuffle/amp/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Chinese e-commerce giant Alibaba</a> has announced that it will reorganize its international and domestic e-commerce businesses and replace its CFO amid an onslaught of competition, an uncertain economy and a regulatory crackdown in China. The company will form two new units; one for international digital commerce and the other for China digital commerce, which it said was an effort to accelerate growth and become more agile.<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Overseas: The international digital commerce unit will include AliExpress (which focuses on retail buyers in Europe and South America), Lazada (its Asian e-commerce business) and Alibaba.com (focused on selling to overseas business consumers).&nbsp;</li><li fr-original-style="" style="box-sizing: border-box;">Mainland: China’s digital commerce unit will be comprised of Alibaba's two main marketplaces; Tmall for established brands and Taobao, which includes all kinds of merchants.</li></ul>

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