Alibaba announced on Monday that deputy chief financial officer Toby Xu to replace Maggie Wu as the company’s chief financial officer next April. Separately, the company said it will create two new units for domestic e-commerce businesses and international e-commerce businesses. Trudy Dai will lead the domestic unit, and Jiang Fan will head the global one. The Chinese e-commerce giant overhauls its business structure at a time of increasing regulatory pressure and rising competition. [Reuters]