Hi Jed, my best estimate is: the Chairman (Joe Tsai) is mostly responsible for overall financial and capital market-facing matters, e.g. dividends, buybacks, divestitures of Alibaba's many many ventures and investments. CEO (Eddie Wu) is driving the day-to-day business growth and technology/product decisions.
Both makes sense at least on paper. Tsai's background is all all finance, Wu is in engineering/product.
“Giving credit where credit is due, Tsai is at least honest and transparent about it.” I think you are still showing your naturally optimistic side!
Hi Kevin, quick question for you:
What is the role of chairman versus CEO at Alibaba?
Hi Jed, my best estimate is: the Chairman (Joe Tsai) is mostly responsible for overall financial and capital market-facing matters, e.g. dividends, buybacks, divestitures of Alibaba's many many ventures and investments. CEO (Eddie Wu) is driving the day-to-day business growth and technology/product decisions.
Both makes sense at least on paper. Tsai's background is all all finance, Wu is in engineering/product.
Great analysis. At least Tencent announced it has chips enough to support recent years developments.
Thanks! And by stark contrast, Alibaba did not, nor was it pushed on the topic by analysts lobbing softballs
Well-written and insightful. I shared it with my readers in this week’s issue of my newsletter.