TECH - Alibaba's Gaming Division Ushers in Youthful Leadership for a Fresh Era | Benzinga
Alibaba Group Holding Limited’s (NYSE:BABA) gaming division, Lingxi Games, announced a significant leadership change, with the current team stepping down to usher in younger management.
This decision aligns with Alibaba’s strategy in 2023 to infuse its leadership teams with individuals born after 1985, aiming to preserve a dynamic startup culture and avoid stagnation.
The move is part of Alibaba’s broader restructuring to a holding company model and its operations division into six primary units, Reuters reports.
Leadership shifts have recently occurred within Alibaba’s e-commerce, cloud, and local services sectors. Zhan Zhonghui, leader of Lingxi Games, and two other executives will depart by the end of March, ...