Alibaba founder Jack Ma to step down in 2019, pledges ‘smooth transition’

SHANGHAI: Alibaba co-founder Jack Ma announced on Monday he would step down as leader of the pioneering Chinese e-commerce giant in one year, but insisted that a planned leadership transition would not break the company’s stride. Ma will stay on as executive chairman until September 10, 2019 before handing over his role to chief executive […]

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Alibaba co-founder Jack Ma announces plans to retire at 54

BEIJING: Alibaba’s charismatic co-founder and chairman Jack Ma plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused on education, he told The New York Times in an interview. Ma was an English teacher before starting Alibaba in 1999 and built it into a multibillion-dollar internet colossus, becoming […]

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