Alibaba.com
A company logo of Alibaba.com is displayed at its Hong Kong office March 16, 2010. Alibaba.com, China's largest e-commerce company, posted a 49 percent rise in quarterly net profit as revenue growth accelerated on the back of strong customer additions. REUTERS/Bobby Yip

China's largest e-commerce company, said on Thursday that Jonathan Lu is no longer CEO of the company's unlisted Taobao online mall operations.

Lu Zhaoxi, Jonathan, our chief executive officer, will cease to be chief executive officer of Taobao in order to focus his executive activities exclusively on our company, Alibaba.com said in a statement filed to the Hong Kong stock exchange.Earlier this year, Lu was appointed CEO of Alibaba, according to a Reuters report.