01 Mar Alibaba veteran to step down at Local Services Group as e-commerce giant proceeds with sweeping restructuring
Posted at 12:00h
in Asia
The head of Alibaba Group Holding’s Local Services Group (LSG), one of the six major business units being spun off from the e-commerce giant, is stepping down amid an ongoing restructuring process.Yu Yongfu, who was appointed to lead LSG after Alibaba announced its restructuring last...