Jack Ma to Step Down as Executive Chairman of Alibaba
September 10, 2018 at 16:21 PM EDT
Jack Ma, China’s notable billionaire tech magnate, will step down as the executive chairman of Alibaba (BABA), the company announced on Monday. Ma, who co-founded Alibaba in 1999, said in a letter to employees and shareholders that, “No company can rely solely on its founders… Because of physical...