SHANGHAI: China’s Alibaba explained to its buyers on Friday that abroad e-commerce will be a crucial concentrate on as it seeks new resources of growth immediately after a tough 12 months at household. Previously this thirty day period, Alibaba Group Holding Ltd restructured its e-commerce small business into separate Chinese and intercontinental divisions, with the latter headed by Jiang Fan, head of Alibaba’s flagship marketplaces Taobao and Tmall. Alibaba Deputy CFO Toby Xu, producing his 1st main general public remarks since remaining appointed this thirty day period to choose on the part of CFO, said international e-commerce “will grow to...