China’s eCommerce Giant Alibaba Taps New CEO

China’s eCommerce giant Alibaba named Jonathan Lu as its new CEO, replacing Jack Ma who announced plans to step down in January.

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    Lu has been at the company for 13 years, joining when Alibaba was only a year old. His current title is EVP, and in his time there he has run three different divisions of the company, including running Alibaba.com and the Taobao shopping platform — which Alibaba points out will be turning 10 on the same day, TechCrunch reported.

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