Alibaba reshuffles partners as restructuring rolls on

Alibaba reshuffles partners as restructuring rolls on

FILE PHOTO: The logo of Alibaba Group is seen at its office in Beijing, China, January 5, 2021. REUTERS/Thomas Peter

Alibaba Group Holding Ltd. has announced a reshuffle of its partners, who determine the company’s strategic direction, promoting the group’s soon-to-be chief executive to committee member, while bringing back a previously removed partner, as the e-commerce giant’s restructuring rolls on.