Eddie Wu

Last updated
Eddie Wu
吴泳铭
CitizenshipSingapore
Alma mater Zhejiang University of Technology
Occupations
  • Business magnate
  • Investor
Known forCEO of Alibaba Group
TitleCEO of Alibaba Group

Eddie Wu is the current CEO of Alibaba Group, having replaced Daniel Zhang in that position on 10 September 2023. Wu was one of Alibaba's 19 co-founders. [1]

Career

On 10 September 2023, Wu replaced Daniel Zhang as the CEO of Alibaba Group. [1] It was also announced that Wu would lead the cloud business of Alibaba Group. [2]

Wu has focused to orient Alibaba Group towards developing artificial intelligence. In the first 15 months of his tenure, Wu spent CN¥81 billion on capital expenditure, up from the CN¥34 billion in the previous months. The company also funded startups including Moonshot AI, MiniMax and Zhipu AI. [2]

References

  1. 1 2 Kate Birch (20 June 2023). "What to know about Eddie Wu, Alibaba Group's new CEO". businesschief.asia. Retrieved 10 December 2023.
  2. 1 2 Olcott, Eleanor; Wu, Zijing (2025-03-17). "How Jack Ma's pivot to AI rehabilitated Alibaba". Financial Times . Retrieved 2025-03-17.
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