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A profile of Saudi billionaire investor Prince Alwaleed, who, along with his investment firm Kingdom Holding, is the second-biggest shareholder in XAI Holdings (Devon Pendleton/Bloomberg)

Devon Pendleton / Bloomberg : A profile of Saudi billionaire investor Prince Alwaleed, who, along with his investment firm Kingdom Holdin...

20 December 2023

Alibaba replaces its e-commerce business head Trudy Dai with CEO Eddie Wu; Dai, one of Alibaba's earliest employees, will now help oversee non-core assets (Sarah Zheng/Bloomberg)

Sarah Zheng / Bloomberg:
Alibaba replaces its e-commerce business head Trudy Dai with CEO Eddie Wu; Dai, one of Alibaba's earliest employees, will now help oversee non-core assets  —  - Two-decade veteran Trudy Dai will help set up a holding firm  — Alibaba's growth has fizzled out in recent years as PDD arose

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