The founder of Alibaba's (HKG:9988) enterprise communications software DingTalk, Chen Hang, will return to the e-commerce giant to become its chief executive officer, the South China Morning Post reported Tuesday, citing a company representative.
Chen's return comes as Alibaba will purchase a stake in startup HHO, which Chen founded following his first stint at Alibaba, according to a separate report by Yicai Global.
Chen first left Alibaba in 2021 to focus on founding his own startup after DingTalk was restructured under Alibaba Cloud Intelligence, Yicai said.
Former DingTalk CEO Ye Jun, whom Chen will succeed, will transition to a new role in the tech giant, the SCMP reported.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。