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Alibaba Hunts For New SCMP Chief as CEO Moves to NFT Spinoff

  • Gary Liu will take up his new position after new CEO found
  • Alibaba’s most prominent media asset is said to be up for sale
Gary Liu
Gary LiuPhotographer: Ore Huiying/Bloomberg
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Alibaba Group Holding Ltd.’s most important media property is on the lookout for a new chief executive after tasking helmsman Gary Liu with running a spinoff that will turn artwork into non-fungible tokens.

South China Morning Post, the influential Hong Kong news outlet Alibaba bought in 2015, said it launched a global search for a new leader. Liu will keep running the company until his replacement is found, Alibaba Vice Chairman Joseph Tsai told staff in a memo Wednesday.