Alibaba Co-Founder Jack Ma Announces Retirement: 10 Things To Know

Jack Ma stepped down as Alibaba chief executive in 2013. He currently serves as the company's executive chairman. Jack Ma will remain on Alibaba's board of directors and continue to mentor its management, the New York Times said on Friday, according to a report by news agency Reuters. He was quoted by the New York Times as saying his retirement was not the end of an era, but the beginning of one. Jack Ma is China's third richest...