Eddie Wu

Eddie Wu
吴泳铭
CitizenshipSingapore
Alma materZhejiang University of Technology
Occupations
  • Business magnate
  • Investor
Known forCEO of Alibaba Group
TitleCEO of Alibaba Group

Eddie Wu is the current CEO of Alibaba Group, having replaced Daniel Zhang in that position on 10 September 2023. Wu was one of Alibaba's 19 co-founders.

Career

On 10 September 2023, Wu replaced Daniel Zhang as the CEO of Alibaba Group.[1] It was also announced that Wu would lead the cloud business of Alibaba Group.[2]

Wu has focused to orient Alibaba Group towards developing artificial intelligence. In the first 15 months of his tenure, Wu spent CN¥81 billion on capital expenditure, up from the CN¥34 billion in the previous months. The company also funded startups including Moonshot AI, MiniMax and Zhipu AI.[2] Wu is more engaged with AI platforms and infrastructure, while Kuo Zhang, president of Alibaba.com, has discussed applying AI as a tool for businesses.[3] This includes Accio Work, a tool that is used to assist small firms with different tasks like sourcing and market research.[4] Wu is more focused on group-level direction and more specifically on 'user first' and 'AI-driven' development as major strategic priorities for Alibaba.[5] Wu directly leads the Alibaba Token Hub, a business group created to coordinate AI activities across model development, delivery, and commercial applications.[6] Tasks like direct spending, research, talent recruitment and the integration of AI into Alibaba's consumer and enterprise businesses.[7]

References

  1. ↑ "Alibaba CEO and Chairman Zhang to step down to focus on cloud business". Reuters. Archived from the original on 2023-11-18. Retrieved 2026-08-11.
  2. 1 2 Olcott, Eleanor; Wu, Zijing (2025-03-17). "How Jack Ma's pivot to AI rehabilitated Alibaba". Financial Times. Retrieved 2025-03-17.
  3. ↑ "New Alibaba Group CEO Eddie Wu lays out strategic priorities for staff in letter". Al Arabiya English. 2023-09-12. Retrieved 2026-08-11.
  4. ↑ "Bloomberg Talks: Alibaba.com President Kuo Zhang". Bloomberg.
  5. ↑ "New Alibaba Group CEO Eddie Wu lays out strategic priorities for staff in letter". Al Arabiya English. 2023-09-12. Retrieved 2026-08-11.
  6. ↑ "Alibaba reshuffles AI units into a new 'Token Hub' group, led by CEO Eddie Wu". South China Morning Post. 2026-03-16. Retrieved 2026-08-11.
  7. ↑ "Alibaba forms task force to boost AI development after Qwen chief's exit". Reuters.{{cite web}}: CS1 maint: url-status (link)
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