Wu Yongming sets the stage, Alibaba integrates domestic and overseas e-commerce

On November 21st, Alibaba Group CEO Wu Yongming released an internal email announcing the integration of domestic and overseas e-commerce, and the establishment of an e-commerce business group. Jiang Fan will serve as CEO and report to Wu Yongming. It is understood that the new e-commerce business group will fully integrate Taobao Tmall Group, International Digital Commerce Group, 1688, Xianyu and other e-commerce businesses to form a business cluster covering the entire industrial chain at home and abroad. The letter said, "By integrating all e-commerce resources within the group, we will stimulate the ability to accumulate for many years, serve domestic and global consumers well, and help more small and medium-sized enterprises to expand domestic and overseas markets simultaneously."