Alibaba Shakes Things Up
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 22 June 2023
⏱️ 27 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Allie Bobbos shaking things up and Amazon faces more scrutiny. |
| 0:09.0 | Motley Fool Money starts now. |
| 0:11.6 | Welcome to Motley Fool Money. |
| 0:22.3 | I'm Deedra Willard here with Motley Fool Analyst Bill Mann. |
| 0:25.0 | Bill, how are you today? |
| 0:26.0 | Hey, dear drum grade. |
| 0:27.0 | How are you? |
| 0:28.0 | I'm doing well. |
| 0:29.0 | So, this week has been an interesting one for Allie Bobbos. |
| 0:32.0 | We've got Chairman and CEO Daniel Zhang. |
| 0:34.2 | He's stepping down to focus on the growth of the cloud intelligence business as it heads |
| 0:38.8 | for a spin-off. |
| 0:39.8 | And Eddie Wu is going to take over as CEO. |
| 0:41.6 | Is this the case of Zhang kind of putting his energy towards what he sees as the biggest |
| 0:45.2 | growth opportunity? |
| 0:46.8 | So I don't know how you could view this as being anything other than a demotion for |
| 0:54.0 | Daniel Zhang. |
| 0:55.7 | So he had formerly, by formerly, I mean three months ago, was to be the chairman of the |
| 1:01.5 | entire entity. |
| 1:02.8 | But they are instead putting Joe Tsai back into that role. |
| 1:08.8 | I suspect that there are political reasons for doing so. |
| 1:14.0 | This is very, we are talking about China. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

