Lu named Alibaba's new CEO
By Chen Limin | China Daily | Updated:  2013-03-12 05:40
 
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 The reception at Alibaba (China) Technology Co Ltd, a company under Alibaba Group Holding Ltd. The group announced that Jonathan Lu Zhaoxi will be its new CEO, taking the position previously held by its founder, Jack Ma. Huang Zongzhi / Xinhua  | 
Alibaba Group Holding Ltd, China's biggest e-commerce company, appointed a new CEO on Monday after founder Jack Ma said in January that he would step down from the post in May.
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