Alibaba appoints new CEO

10 May 2015

China’s largest e-commerce giant Alibaba Group Holding (BABA.NASDAQ) named Daniel Zhang as new chief executive officer on Friday. The announcement of the new CEO, coupled with good first quarter sales (U.S.$2.8 billion), saw a rise in shares by 7.5 percent to close at U.S.$86. It translates into a 45 percent jump in revenue in the final quarter of fiscal 2015 (ending in March), with mobile now com

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Marco Bouwer

Marco Bouwer is a marketing communications executive with 10 years of experience planning and implementing strategic initiatives and campaigns in China, the USA, and South Africa. He most recently served in a regional marketing communications executive role for a leading, global PR firm. Marco is an MBA graduate with a background in public relations, and began his career as a front-line journalist. South African by birth and American by marriage. Has spent more than 5 years in Asia, and currently resides in China.