TLDR:
Former Alibaba CEO, Daniel Zhang, has joined Firstred Capital as a managing partner after resigning from Alibaba last year.
Summary:
The article discusses the recent career move of ex-Alibaba CEO, Daniel Zhang, who has taken on a new role as a managing partner at Firstred Capital, a Chinese venture capital firm. Zhang’s departure from Alibaba last year was unexpected, but his new position at Firstred Capital indicates his continued involvement in the tech industry. This move could potentially signal Zhang’s interest in investing in and supporting startups in the tech space.