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Daily News One Minute: Ma Yun Announces Retirement Will Still Serve as CEO

hopely 2018-09-11 11:32:37

According to Reuters, Alibaba Group Holding co-founder Jack Ma is retiring from the e-commerce company on Monday.However, he will remain on as executive chairman.A company spokesman said that Ma will unveil a succession strategy on Monday on his 54th birthday.Adding that the succession strategy is part of a management plan ten years in the making.


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