in

IT40 News for 09/08/2018

Share Now
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

#5 Alibaba’s Jack Ma to Step Down as Executive Chairman

BEIJING—Jack Ma, the billionaire tycoon who rode the currents of China’s rising affluence to build one of the world’s biggest e-commerce companies, is planning a transition out of his role as executive chairman at Alibaba Group Holding Ltd. to focus on philanthropy and other pursuits, according to a person familiar with the situation.

Mr. Ma is expected to disclose his plans, including a timeline for the transition, on Monday, when he turns 54, the person said. The person emphasized that Mr. Ma wants to ensure an orderly transition...

... To Read more, please click here

Report

Written by top40

Founder of Internettop40.com

Comments

Leave a Reply

Loading…

0

Comments

comments

top40 obamaspeech #1 9-8-18 PPT

IT40 Trending People, Places & Things for 09/08/2018

top40 elonmusk #1 9-8-18 TIV

IT40 Trending instagram Media for 09/08/2018