Sources: Alibaba is delegating more responsibility to presidents of its business units to shed its monolithic image in the wake of China's regulatory crackdown (Jing Yang/Wall Street Journal)

Jing Yang / Wall Street Journal:
Sources: Alibaba is delegating more responsibility to presidents of its business units to shed its monolithic image in the wake of China's regulatory crackdown  —  CEO Daniel Zhang is devolving power to unit presidents as competition grows and big platforms come under pressure in China