Not everyone can, so Alibaba co-founder Jack Ma showed. Alibaba chairman of Chinese e-commerce site has retired. One of the entrepreneurs in the tech world, with all the responsibilities left in the hands of Daniel Zhang, the company's current CEO. He announced that he would step down as chairman a year ago. News of the BBC.
TechCrunch, a website on technology, said in a report that Jack Ma will remain on the board until Alibaba's shareholders' annual general meeting next year, despite leaving the chairmanship. In addition, he will be a lifetime associate of the Alibaba Partnership. The Alibaba Partnership is a group of senior managers of companies and affiliates of the Alibaba Group who have the power to elect a board member.
Last year, Jack Ma announced his retirement, saying he was leaving Alibaba in the normal process. His comment was that one thing I can promise everyone is that Alibaba never had anything to do with Jack Ma, but Jack Ma will always be with Alibaba. For decades, China's growing e-commerce site has been relaxing for some time now. In this situation, Zhang will have to take over as chairman and CEO.
Today is the day for Alibaba to step down, mainly in China. Jack Ma originally started his career as an English teacher. This is the day he chose to resign. Known as the 'Teacher Mother', the entrepreneur has set the goal of giving time to charity education.
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