Free Press Journal
  • Alibaba’s co-founder Jack Ma to retire next year

    Bengaluru/Beijing: Alibaba’s Executive Chairman Jack Ma will step down in September 2019 and hand over the reins to Chief Executive Daniel Zhang, the Chinese e-commerce giant said on Monday. Ma, who co-founded the company almost 20 years ago which now is the world’s biggest e-commerce behemoths, said in a letter to his employees that “transition demonstrates that Alibaba has stepped up from a company that relies on individuals, to one built on