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

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Alibaba acquired Ele.me, which means “are you hungry,” in 2018 but it has long lagged behind its bigger rival Meituan

(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.

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