Alibaba Appoints Tsai to Lead Board at New Services Unit Koubei
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Alibaba Group Holding Ltd. Vice Chairman Joseph Tsai will head up the board at Koubei, underscoring the strategic importance of a new business unit that will spearhead the e-commerce company’s drive into the local services market.
Tsai’s new responsibilities as Koubei’s chairman come on top of his current role as the number two executive at Alibaba, the company said in an email confirming his appointment on Monday.