Jack Ma officially retires as Alibaba's chairman



On September 10th, Jack Ma, co-founder and executive chairman of Chinese e-commerce giant Alibaba, officially retired on his 8th birthday! Alibaba CEO Daniel Zhang will replace him as executive chairman. Of course, last year, mother told about this retirement!

On the eve of the retirement of Jack Mar, a spectacular event was held at a large stadium in Hangzhou city. On the occasion I said of his retirement, 'Alibaba was never just with Jack Ma! Instead, Jack Ma will always be Alibaba. I will be Alibaba's founding partner for the rest of my life. '

It is to be noted that successful e-commerce entrepreneur Jack Ma started his first career as an English teacher at Hangzhou University. After that, he founded the Alibaba e-commerce platform in collaboration with several partners. Alibaba is currently a $ 3 billion company with his efforts and labor. Jack Ma, on the other hand, is now one of the most successful entrepreneurs in the world and one of China's richest people!

It is reported that Jack Ma will serve as a member of Alibaba's board of directors until the annual meeting of investors held in 2020.

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