Eddie Wu

Eddie Wu is the current CEO of Alibaba Group, having replaced Daniel Zhang in that position on 10 September 2023. Wu was one of Alibaba's 19 co-founders.

Career

On 10 September 2023, Wu replaced Daniel Zhang as the CEO of Alibaba Group. It was also announced that Wu would lead the cloud business of Alibaba Group.
Wu has focused to orient Alibaba Group towards developing Artificial [intelligence industry in China|artificial intelligence]. In the first 15 months of his tenure, Wu spent CN¥81 billion on capital expenditure, up from the CN¥34 billion in the previous months. The company also funded startups including Moonshot AI, MiniMax and Zhipu AI.