Alibaba Replaces Head of Delivery Arm Ele.me in Latest Reshuffle

(Bloomberg) — Alibaba Group Holding Ltd. has replaced the head of its local services group, who oversaw Amap and Ele.me, splitting his duties between executives from a younger generation in its latest management shake-up.

Yu Yongfu, one of Alibaba’s partners and longest-serving executives, will step down at the end of March, a company representative said.