Alibaba Transfers Vice President Zhang Kaifu to Head Web3

03/02/2023 23:48 • Digital Disruptors • 154 views

It is reported that Zhang Kaifu (flower name: Kaifu), vice president of Alibaba Group and general manager of Global Express, will be transferred to take charge of Web3. At present, the organizational structure of Kaifu has not been adjusted, and it is still nominally reported to Jiang Fan. Kaifu, who has long led Taobao merchants and industry lines, is the former department of Jiang Fan. Together with Pingchou (Tangxing), Chuixue (Yang Guang) and Jialuo (Liu Bo), he is known as the “four giants of Taobao”. At present, the reason for Keff’s job transfer is not clear, and the external speculation may be related to the poor development of Quicksell business.

Zhang Kaifu, vice president of Alibaba Group and general manager of Global Express, will be transferred to take charge of Web3

Analysis based on this information:

Alibaba Group, the Chinese multinational technology conglomerate, has recently reported that Vice President Zhang Kaifu will be transferred to take charge of Web3. Kaifu, who is the general manager of Global Express and has long led Taobao merchants and industry lines, is still nominally reported to Jiang Fan, to whom he was once subordinate. Together with Pingchou (Tangxing), Chuixue (Yang Guang), and Jialuo (Liu Bo), Kaifu is known as one of the “four giants of Taobao”.

The reason for Kaifu’s job transfer is still unclear. However, external speculations suggest that the move may be related to the poor development of Quicksell business. It is also uncertain whether the organizational structure of Kaifu will be adjusted following the transfer.

Web3, also known as Web 3.0, is a new technological concept that combines decentralized internet and blockchain technology. Its development aims to create a more secure, transparent, and decentralized internet. According to the reports, Alibaba’s involvement in Web3 may signify the company’s plans to integrate blockchain technology into its business operations and expand its technological scope.

The transfer of Kaifu to head Web3 may also signal Alibaba’s efforts to strengthen its position in the global e-commerce market. With the ongoing pandemic and the shift towards online shopping, e-commerce has become an increasingly competitive sector. By integrating blockchain technology, Alibaba may be able to offer more secure and transparent transaction methods, which could attract even more customers.

In conclusion, the transfer of Zhang Kaifu to head Web3 is a significant development for Alibaba Group as it signals the company’s push towards the integration of blockchain technology into its business operations. With the ongoing global pandemic, e-commerce has become an even more critical sector, making it more important for Alibaba to stay ahead of its competitors. By leveraging blockchain to enhance its security and transparency, Alibaba may be able to continue to grow its market share and boost customer satisfaction.

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