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

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.

Interpretation of this information:

The message reports that Zhang Kaifu, who is the vice president of Alibaba Group and general manager of Global Express, will be transferred to take charge of Web3. Web3 is a term that refers to the next generation of the internet, which will be more decentralized and less reliant on centralized authorities. The message also states that Kaifu’s organizational structure has not been adjusted yet, and he is still nominally reported to Jiang Fan. Kaifu is known for leading Taobao merchants and industry lines and is part of the “four giants of Taobao” alongside Pingchou (Tangxing), Chuixue (Yang Guang), and Jialuo (Liu Bo). However, the reason for Kaifu’s job transfer is not clear, and there is external speculation that it may be related to the poor development of Quicksell business.

The transfer of Zhang Kaifu to Web3 is significant because it suggests that Alibaba is looking to expand its operations beyond traditional e-commerce and into the next generation of the internet. Web3 is a term that refers to the decentralized web, which uses blockchain technology to create a more secure and transparent internet. Alibaba’s move into Web3 is a smart one because it is the future of the internet, and companies that do not adapt will be left behind.

The fact that Kaifu has long led Taobao merchants and industry lines is also significant because it suggests that he has experience leading large teams and managing complex operations. This experience will likely be valuable in his new role at Web3 because he will need to recruit talented developers, build partnerships with other companies, and create a roadmap for Alibaba’s Web3 strategy.

The message also notes that Kaifu is still nominally reported to Jiang Fan, which suggests that there may be a power struggle between the two executives. It is unclear if this power struggle played a role in Kaifu’s job transfer, but it is a possibility. However, since the reason for the transfer has not been made clear, it is difficult to speculate on the exact motives behind the move.

Another key point to note is that Kaifu’s job transfer may be related to the poor development of Quicksell business. Quicksell is Alibaba’s social commerce platform, which allows users to buy and sell goods through social media channels like WeChat. If Quicksell is not performing well, it could be a sign that Alibaba needs to shift its focus to other areas, like Web3. However, it is important to remember that this is just speculation, and the exact reason for Kaifu’s job transfer has not been confirmed.

Overall, the message suggests that Alibaba is making a strategic move into Web3, and Kaifu’s transfer is a sign that the company is serious about this new direction. However, the reasons for the transfer are still unclear, and there may be other factors at play. It will be interesting to see how Alibaba’s Web3 strategy develops over time and how Kaifu’s leadership will shape the company’s future.