Free Press Journal
  • Alibaba chairman Jack Ma to step down in September 2019, Daniel Zhang to be next chairman

    Beijing: Alibaba co-founder and chairman Jack Ma will step down as head of the e-commerce giant on September 10, 2019, the company said on Monday. Ma is staying on as executive chairman for 12 months to “ensure a smooth transition” before handing over his role to chief executive officer Daniel Zhang, Alibaba said in a statement.

  • Alibaba co-founder Jack Ma’s retirement: What it means for India

    New Delhi: That he speaks impeccable English despite being a Chinese comes from the fact that Jack Yun Ma, Co-Founder and Executive Chairman of e-commerce behemoth Alibaba, graduated from Hangzhou Teacher’s Institute with a major in English and later became a teacher, imparting lessons in the same language. Strange are the ways in which tech honchos function: News about a change of guard came via his interview on Friday with The New York

  • Alibaba co-founder Jack Ma announces retirement at 54; do you know his net worth?

    San Francisco: Alibaba co-founder and chief Jack Ma announced he will leave from the Chinese e-commerce giant Monday to devote his time to philanthropy focused on education. Ma was an English teacher before starting Alibaba in 1999 and built it into a multibillion-dollar internet colossus.

  • Alibaba to invest USD 5 billion in Mukesh Ambani’s Reliance Retail?

    In what might be called as a major joint venture (JV), China’s Alibaba has reportedly initiated talks with Mukesh Ambani’s Reliance Retail. Alibaba, the Chinese e-commerce giant is all set to invest in Reliance Retail, and acquire some stake to make an entry into the Indian market.