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China’s Alibaba Group Gears up For a Comeback – Nikkei

Leading the charge will be Trudy Dai, a founding member of the company, who has been tasked with revitalizing Alibaba’s business and organization


Alibaba is unwinding its links to its fintech spinoff Ant Group.
Ant Group and Alibaba are independently seeking new business as the Jack Ma-founded companies navigate China's regulatory crackdown, sources say. File photo: Reuters.

 

Chinese tech giant Alibaba Group is gearing up for a comeback after a slide in its fortunes in the wake of stricter government controls over internet firms and stiff competition from rivals, Nikkei Asia reported.

Leading the charge will be Trudy Dai, a founding member of the company, who has been tasked with revitalizing Alibaba’s business and organization, the report added.

Read the full report: Nikkei Asia.

 

 

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.