The recent change at the top of the Chinese giant Alibaba did not arrive unexpectedly, the founder of the platform had in fact announced for some time the intention to abandon the position of CEO of the group long before the "pensionable" age. His phrase "I want to die on a beach, not in an office."
To succeed him will be Daniel Zhang, a manager called to lead a company that employs 100,000 workers and has a value measured at around 460 billion dollars. However, his promotion to CEO could not have come at a worse time given that in 2019, after several years of uninterrupted growth, the turnover of Chinese e-commerce has slowed considerably.
Of course we are not talking about a crisis, let alone a recession, but in the first half of the current year e-commerce sales in the Asian country grew by just under 18% (a result that would represent a success for any other market) against the 32.4 percentage points of the same period of 2018.
Jack Ma however, he claimed to be particularly optimistic about the company's future, in his opinion Zhang's brain would have the same logical capabilities as a supercomputer and no doubt his strategies will allow him to further diversify the already concentrated Alibaba business, as well as e-commerce. , also on Artificial Intelligence and the Cloud.
Ma and Zhang have two extraordinarily different personal stories, the first is in fact a former English teacher who 20 years ago decided to bet on an extremely innovative project, while Zhang is in all respects a Top Manager. Before becoming CEO of Alibaba he held the same position at Taobao is Tmall, also e-commerce platforms.