Current Affairs Appointments

Alibaba’s Jack Ma To Step Down In 2019

Category : Appointments

 Jack Ma, the charismatic co-founder of China's largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in exactly one year on Sept 10, 2019. Current Alibaba Chief Executive Daniel Zhang will replace him as chairman, while Ma will complete his current term on Alibaba's board of directors following the company's annual general meeting in 2020. 
Source- The Hindu Business Line


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