Toby Xu, the Deputy Chief Financial Officer of e-commerce company, Alibaba Group, will succeed Maggie Wu as CFO effective 1 April 2022.

Toby Xu, the Deputy Chief Financial Officer of e-commerce company, Alibaba Group, will succeed Maggie Wu as CFO effective 1 April 2022.
ZIM Integrated Shipping Services, based in Israel, will extend its cooperation agreement with Chinese technology conglomerate, Alibaba Group, for two more years.
Chinese last mile service provider, Cainiao Network, is operating at positive cashflow according to parent company, Alibaba Group.