Alibaba

A new chapter is about to unfold in the incredible rags-to-riches story of China's richest man. Alibaba cofounder Jack Ma will step down as the online marketplace's chairman on September 10, he announced September 9. The date is Ma's retirement is also his…

Following an announcement detailing his plans for retirement exactly one year ago, Alibaba co-founder Jack Ma has officially stepped down as chairman of the company. However, the new retiree plans to exit the Alibaba as gradually as possible in order to ensur…

Todays Top Stories Across Forbes:More Broken Promises from Tesla More broken promises from Tesla? While Elon Musk feels pretty confident about breaking even in Q3 and returning to profitability in Q4, Tesla recorded a $689 million …

Alibaba Group founder Jack Ma, who helped launch China’s online retailing boom, stepped down as chairman of the world’s biggest e-commerce company Tuesday at a time when its fast-changing industry faces uncertainty amid a U.S.-Chinese tariff war. Ma, one of …

Share to facebookShare to twitterShare to linkedin (AP Photo/Thibault Camus) ASSOCIATED PRESS Jack Ma officially steps down as the chairman of Alibaba, the giant e-commerce company he cofounded 20 years ago today. Mas re…

The Associated PressSep 10, 2019 18:12:44 IST Alibaba Group founder Jack Ma, who helped launch China's online retailing boom, stepped down as chairman of the world's biggest e-commerce company on Tuesday at a time when its fast-changing industry faces uncert…

Jack Ma delivers a speech to participants during the 4th edition of the Viva Technology show at Parc des Expositions Porte de Versailles on May 16, 2019 in Paris, France. Chesnot/Getty Images Jack Ma, the Chinese billionaire who founded e-commerce giant Al…

Getty Images Topline: Alibaba CEO Daniel Zhang is poised to succeed Jack Ma as executive chairman of e-commerce giant Alibaba after Chinas richest man fulfilled his pledge to step down on his 55th birthday. Mas resignation is unlikely to see him ret…

At 55 years old, Jack Ma, boss of Chinese tech giant Alibaba, is stepping down from day-to-day management of the company he founded with a $38.6bn fortune in his pocket. The move was announced a year ago in a letter to customers and shareholders. Ma has been…

Alibaba founder Jack Ma resigned as head of the board of directors of a Chinese company, The Guardian reported.  Ma resigns as executive head of the largest Chinese company on the day of its 55th anniversary with a fortune of $ 41.8 billion. He will be repl…