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Alibaba's Leadership Changes Amid Competition
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Alibaba undergoes leadership changes, with Eddie Wu becoming the CEO and head of e-commerce, replacing Trudy Dai, following a successful rival's performance. The shakeup follows concerns over restructuring and fierce competition. Jack Ma urged reforms after PDD's success, with Temu gaining popularity and selling affordable products in various markets.
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How might Alibaba's leadership changes impact its market position and competitiveness?
How might the success of PDD and Temu influence the e-commerce industry as a whole?
What strategies could Alibaba employ to address concerns over restructuring and fierce competition?
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