Alibaba demotes top executive after probe into behaviour

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Follows speculation on Chinese social media.

Alibaba demotes top executive after probe into behaviour
Chinese e-commerce giant Alibaba Group has demoted Jiang Fan, one of its most senior executives, after an internal investigation into allegations of improper behaviour, according to a person familiar with the matter. Alibaba removed Jiang, who oversaw the company's main online shopping divisions,...

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