Alibaba supremo Jack Ma to retire from company
Beijing, Sept 8 (IBNS): Alibaba’s co-founder and executive chairman Jack Ma has decided to step down from his position.
According to media reports, Ma will quit the Chinese e-commerce giant to pursue philanthropy in education.
Ma told The New York Times his retirement is not the end of an era but “the beginning of an era.”
Ma said he loved the field of education.
Alibaba is a Chinese multinational holding conglomerate specializing in e-commerce, retail, Internet, AI and technology.
Founded in 1999, the company provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals, as well as electronic payment services, shopping search engines and cloud computing services.
Image: Wikimedia commons
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
