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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