Jack Ma will step down as Chairman of Chinese e-commerce giant Alibaba in September 2019

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  • Jack Ma, the founder of online Chinese retailing giant Alibaba, will step down as Chairman on September 10, 2019.
  • Ma will be succeeded by Daniel Zhang, Alibaba’s current CEO.
  • Ma wrote a letter to customers and shareholders explaining his decision.

Chinese online retailing giant Alibaba has announced that founder Jack Ma will step down as chairman, one year from today.

In accordance with succession plans previously flagged by the company, current Alibaba CEO Daniel Zhang will succeed Ma as chairman on September 10, 2019.

See the rest of the story at Business Insider

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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