On March 1, a media report said that Yu Yongfu, chairman and CEO of Ali's Local Life Group, will step down this month.。

The news comes from an internal letter issued by Ali CEO Wu Yongming to all employees of the local life group.。Yu Yongfu will officially step down from his management role after Ali's fiscal year ends on March 31, according to an internal letter。

Ali's local life group is one of the six major business groups after Ali's split.。The business group consists mainly of Ele.me and Gode.。According to Ali's previous fiscal 2024 third quarter earnings report, the business group's revenue increased 13% year-on-year to 151.600 million, adjusted EBITA for a loss of 20.600 million, but narrowed from the loss in 2022, with a 29% year-on-year decrease in losses.2%。

The letter also mentions that the next hungry, Gaud will set up the chairman and CEO respectively.。Among them, the chairman of Ele.me will be "taken over" by local life group CTO Wu Zeming, and the CEO of Ele.me will be replaced by Hummingbird distribution chief Han Yu.。In addition, Gaud's chairman will be replaced by President Liu Zhenfei, while COO Guo Ning will become Gaud's CEO.。

Among them, the two hungry generals Wu Zeming and Han Wei are both post-80s, which also fulfills Wu Yongming's earlier statement that "within 4 years, post-85s and post-90s should be the main managers to refresh the business management team."。

The letter also mentioned that in the future, Yu Yongfu will remain a partner of Ali, and will be based on eWTP funds, to invest in the way of more international exploration, while providing more strategic support for the business.。

Review Yu Yongfu's Achievement in Local Life Group。Under Yu Yongfu's management, Gaud rose from less than 10 million DAU (Daily Live) to more than 100 million DAU today, second only to Taobao and Alipay in the Ali system.。For hungry, Yu Yongfu's focus is on reducing losses and laying a solid business foundation.。In its third-quarter earnings report, Ali said its losses continued to narrow year-on-year, thanks to improved operating efficiency and expanded scale。

Last year, Hungry Noodles was repeatedly reported to be "selling" to ByteDance, but the news was repeatedly denied by Hungry Noodles.。In the third quarter of fiscal 2024 telephone conference, Ali once again denied the news, said hungry is a very important asset near the field, the company has no plans to sell.。In January this year, Yu Yongfu also refuted the rumor "selling rumors" on the intranet to calm people's hearts, and said bluntly: "The fake can only be fake after all."。But the news has been spread many times, inevitably make the outside world guess, the acquisition of hungry this matter belongs to byte "intentional," but Ali "ruthless"。

However, although Ali as hungry is an important asset of the near field, but hungry as a takeaway platform, in recent years has been the United States group "pressure one head"。After Wu Zeming and Han Yan took over, the challenges they faced were not small.。Because now the short video platform such as tremolo has begun to gradually expand to the field of local life, "takeaway brother" - the United States group is still feeling pressure, let alone hungry?。

The young management team will not stimulate the vitality of the hungry, but also need time to give us the answer。