Ma to unveil Alibaba succession plans, not retirement, says paper


FILE PHOTO: Alibaba Group Executive Chairman Jack Ma gestures as he attends the 11th World Trade Organizations ministerial conference in Buenos Aires, Argentina December 11, 2017. REUTERS/Marcos Brindicci/File Photo

BEIJING: Alibaba co-foun­der and chairman Jack Ma (pic) will unveil a succession plan today, the South China Morning Post reported, with a company spokes­man denying The New York Times report that he would retire.

The SCMP, which is owned by Alibaba, said China’s most famous tech billionaire will “unveil a succession strategy” today – his 54th birthday – but remain the company’s executive chairman for the foreseeable future.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

World , jack am

   

Next In Regional

Malaysia needs time to study Asean joint visa proposal, says Home Minister
Mt Ruang: Last eruptions before Wednesday occurred in 2002, 1949
Thailand drops joint patrols with Chinese police after public backlash
Cops on the hunt for cable thieves in Ayer Hitam
Najib wanted to answer questions on money laundering in court, says investigating officer
Hearing for Siti Bainun's appeal against conviction postponed to Jan 30 next year
Biker ambushed by a tiger near Gua Musang, lives to tell his tale
Historic day for human rights in Malaysia, says Azalina
Many workers in boycott-hit companies are locals, says Rayer
Two nabbed for launching fireworks at police in Lembah Subang

Others Also Read