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Jack Ma steps down as Alibaba's Chairman

Tuesday, September 10, 2019, 12:07 PM

Jack Ma stepped down as Alibaba's chairman today, handing the role over to the company's current CEO Daniel Zhang. The transition was announced a year ago. Ma will continue serving on Alibaba's board until its annual general shareholders' meeting next year. He also remains a lifetime partner of Alibaba Partnership, a group drawn from the senior management ranks of Alibaba Group companies.
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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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Jack Ma's $290 billion loan machine is changing Chinese banking

Sunday, July 28, 2019, 5:28 PM

Jack Ma's online bank is leading a quiet revolution in the way China lends to small businesses, taking aim at a credit bottleneck that has held back Asia's largest economy for decades. Using real-time payments data and a risk-management system that analyzes more than 3,000 variables, Ma's four-year-old MYbank has lent 2 trillion yuan ($290 billion) to nearly 16 million small companies.

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