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Smooth succession: Jack Ma eases out of a thriving Alibaba

Sunday, September 8, 2019, 8:12 PM

Jack Ma steps down next week as chairman of Alibaba, but the start-up he built into and online retail behemoth is expected to keep thriving into a new era thanks to a culture of innovation he helped nurture. A former English teacher whose often playful image shattered the stereotype of the drab Chinese executive, Ma officially leaves on Tuesday, his 55th birthday.
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Alibaba Group plans fully owned e-commerce venture in India this fiscal

Thursday, September 5, 2019, 7:13 PM

Alibaba Group is planning to launch first fully owned e-commerce business this fiscal in India through its subsidiary UCWeb, a senior company official said on Thursday. UCWeb Global Business Vice President Huaiyuan Yang told PTI that the company's planned foray in e-commerce space will not have an adverse impact on Paytm, in which Alibaba owns 30.15% stake. Alibaba Group own 3% stake in Snapdeal.
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Jack Ma says 12-hour work week could be the norm

Thursday, August 29, 2019, 7:37 PM

Billionaire Jack Ma, long an outspoken advocate for China's extreme work culture, says that people should be able to work just 12 hours a week with the benefits of artificial-intelligence. People could work as little as three-days a week, four-hours a day with the help of technology advances, the Alibaba Group Holding Ltd co-founder said at the World Artificial Intelligence Conference in Shanghai Thursday.

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