Jack Ma to Step Down as Executive Chairman of Alibaba

This article was originally published on ETFTrends.com.

Jack Ma, China’s notable billionaire tech magnate, will step down as the executive chairman of Alibaba (BABA), the company announced on Monday. Ma, who co-founded Alibaba in 1999, said in a letter to employees and shareholders that, “No company can rely solely on its founders… Because of physical limits on one’s ability and energy, no [...]

Continue Reading Below

Read more at ETFTrends.com >