Former Alibaba CEO Daniel Zhang joins Firstred Capital

Date:

Daniel Zhang gestures while speaking during a panel session on the second day of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, January 22, 2020.

Bloomberg | Bloomberg | Getty Images

- Advertisement -

Former CEO Daniel Zhang will join Firstred Capital as managing partner, Firstred Capital announced on Thursday, six months after leaving the Chinese e-commerce giant.

Zhang will join the fund to work with its founder Liu Xiaodan to “explore the new future of M&A funds,” Firstred said in a post on its official WeChat account. The fund has offices in Beijing and Shanghai and its investments include pet health care and semiconductor testing firms.

Zhang worked at Alibaba for 16 years, rising to the positions of CEO and president, before announcing in June that he would step down from those positions to concentrate on the corporate’s cloud business. But in a surprising move in September, he also stepped down from that role.

Alibaba then said Zhang would create a technology fund wherein it will invest $1 billion and gave him the first-ever “emeritus” title in its history.

Alibaba didn’t immediately reply to a request for comment on Zhang’s appointment at Firstred and the technology fund. Firstred didn’t immediately reply to a request to make Zhang available for comment.

Rome
Romehttps://globalcmd.com/
Rome: Visionary Founder of the GlobalCommand Ecosystem (GlobalCmd.com | GLCND.com | GlobalCmd A.I.) Rome is the innovative mind behind the GlobalCommand Ecosystem, a dynamic suite of platforms designed to revolutionize productivity for entrepreneurs, freelancers, small business owners, and forward-thinking individuals. Through his visionary leadership, Rome has developed tools and content that eliminate complexity, empower decision-making, and accelerate success. The Powerhouse of Productivity: GlobalCmd.com At the heart of Rome’s vision is GlobalCmd.com, an intuitive AI-powered platform designed to simplify decision-making and streamline workflows. Whether you’re solving complex business challenges, scaling a new idea, or optimizing daily operations, GlobalCmd.com transforms inputs into actionable, results-driven solutions. Rome’s approach is straightforward yet transformative: provide users with tools that deliver clarity, save time, and empower them to focus on growth and achievement. With GlobalCmd.com, users no longer have to navigate overwhelming tools or inefficient processes—Rome has redefined productivity for real-world needs. An Ecosystem Built for Excellence Rome’s vision extends far beyond productivity tools. The GlobalCommand Ecosystem includes platforms that address every step of the user’s journey: • GLCND.com: A professional blog and content hub offering expert insights and actionable advice across business, science, health, and more. GLCND.com inspires users to explore new ideas, sharpen their skills, and stay ahead in their fields. • GlobalCmd A.I.: The innovative AI engine powering GlobalCmd.com, designed to turn user inputs into tailored recommendations, predictive insights, and actionable strategies. Built on the cutting-edge RAD² Framework, this AI simplifies even the most complex decisions with precision and ease. The Why Behind GlobalCmd.com Rome understands the pressure and challenges of running a business, launching projects, and making impactful decisions in real time. His mission was to create a platform that eliminates unnecessary complexity and provides clear, practical solutions for users. Whether users are tackling new ventures, refining operations, or handling day-to-day decisions, Rome has designed the GlobalCommand Ecosystem to meet real-world needs with innovative, results-oriented tools. Empowering Success Through Simplicity Rome’s ultimate goal is to empower individuals with the right tools, insights, and strategies to take control of their work and achieve success. By combining the strengths of GlobalCmd.com, GLCND.com, and GlobalCmd A.I., Rome has created an ecosystem that transforms how people work, think, and grow. Start your journey to smarter decisions and greater success today. Visit GlobalCmd.com and take control of your future.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Our Newsletter

Subscribe Us To Receive Our Latest News Directly In Your Inbox!

We don’t spam! Read our privacy policy for more info.

Advertisement

Popular

More like this
Related

Millions set for automatic compensation

Millions of drivers are able to receive payments without...

10 proven methods of additional treatment after delivery

"Discover PROVEN Treatment methods more faster after delivery...

DSLR or a messenger? Finding the perfect camera

VideoIf you furthermore mght need to shoot...