Alibaba Group released a new wave of internal promotions, involving a total of 37 people. The list contains all middle and senior managers promoted to the internal classifications of "P10" (Senior Director), "M6" (Vice President) and "M7" (Senior Vice President).
At Alibaba's Investor Day held on December 17, Toby Xu, Deputy Chief Financial Officer of Alibaba Group, shared seven key investment themes under the firm's two major investment directions in the future.
Meituan recently split its smart transportation platform, which was established less than one year ago. The car-hailing and unmanned vehicle distribution divisions under the platform are independent.
Alibaba has announced a major organizational shift in its company, integrating three of its major location-based businesses, namely AutoNavi, Local Life and Fliggy, into its life services section.
AutoNavi has reached a deal with Feishu, Bytedance’s Office Suite APP, also known as Lark, and will be integrated within Feishu to provide enterprise car service for the platform’s users.
Volvo joined hands with Chinese tech companies including Alibaba’s AutoNavi and information tech company iFlyTek to launch its first pure-electric SUV XC40 RECHARGE on Sept. 26.
