Industry

Alibaba Cloud Founder Wang Jian to Return to Company with New Title

May 12, 2023, 10:21am2023/05/12 10:21:54 Pandaily

On May 11th, Leiphone reported that Wang Jian, the founder of Alibaba<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Cloud, will return to the cloud computing division of Chinese internet giant Alibaba<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder />. Sources reveal that as early as the end of 2022, Wang was invited by Alibaba<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> CEO Daniel Zhang and others to serve as an advisor for inspecting and guiding the work of Alibaba<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Cloud. After several months of adjustment and negotiation, Wang will soon join Alibaba<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Cloud full-time with a new title.

In 2013, Wang resigned from his position as the president of Alibaba<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Cloud. His return to the company after a decade and how he will regain prominence in the spotlight are currently under scrutiny.

Wang played a crucial role in leading Alibaba<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Cloud through its challenging start-up phase. Jack Ma, the founder of Alibaba<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder />, has pledged to invest 1 billion yuan ($143 million) annually for ten years into the company. Wang was responsible for overseeing the technical research and development of Alibaba<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Cloud during this period. Following his resignation as president in 2013, Alibaba<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Cloud experienced rapid growth and became one of the world’s top four cloud providers within a few short years.

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Alibaba<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Cloud has invited Wang once again, signaling the restructuring of the company. Over the past decade, the Chinese cloud market has matured from its initial stage. The emergence of large AI models presents a new growth opportunity for cloud vendors.

Currently, Alibaba<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Group is undergoing a restructuring process that involves dividing the company into six major groups. As a result, Alibaba<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Cloud has the dual responsibility of driving group growth and adapting to these internal changes.