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January 10, 2013 01:23 pm GMT

Alibaba CEO Jack Ma Announces Restructuring As The Chinese E-Commerce Giant Moves Farther Away From Yahoo

1106_alibabaChinese e-commerce giant Alibaba Group is embarking on a major reorganization of its business structure that will divide the company into 25 different units, each led by a general manager, said CEO Jack Ma in a company-wide email published by Sina News(link via Google Translate, h/t 36Kr). The move is the latest in several the company has made to grab greater control over its future after an often tense partnership with Yahoo. Back in July Ma announced a prior restructuring that split the company into seven groups, amid concerns that Alibaba had prioritized growth over scrutinizing the quality of its online vendors and suffered from poor communication between its divisions.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/tZwinIlYHno/

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