Alibaba's former CEO Daniel Zhang to join as managing partner at Firstred Capital

Alibaba's former CEO Daniel Zhang to join as managing partner at Firstred Capital

FILE PHOTO: Daniel Zhang, chief executive officer of Alibaba Group, attends the Global Smart Logistics Summit organised by Alibaba's logistics arm Cainiao, in Hangzhou, Zhejiang province, China June 10, 2021. REUTERS/Yilei Sun/file photo

Alibaba Group’s former CEO Daniel Zhang will join Firstred Capital as managing partner, Firstred Capital said on Thursday, six months after he left the Chinese e-commerce giant.