Beijing: Jack Ma, who founded Alibaba Group, on Tuesday stepped down as the chairman of the world’s biggest e-commerce company.
Ma stepping down comes at a time when the rapidly changing industry faces uncertainty amid a US-Chinese trade war, news agency AP reported.
He will, however, stay on as a member of the Alibaba Partnership, a group of 36 people with the right to nominate a majority of the company’s board of directors.
Ma, 55, founded Alibaba in 1999 to connect Chinese exporters to American retailers.
New Delhi: A 72-year-old retired engineer was duped of more than Rs 10 crore after…
Bhubaneswar: A day after arriving in Odisha from Tadoba-Andhari Tiger Reserve (TATR) in Maharashtra, the…
Colombo: Sri Lankan President Anura Kumara Dissanayake’s leftist coalition won a landslide victory in snap…
New Delhi: Maharashtra is all set for the state assembly elections on November 20. The…
Berhampur: Six persons, including two night watchmen and four sevayats, have been arrested for the…
Mumbai: Upholding a 10-year sentence for a man against whom his wife had lodged a…
New Delhi: Canada’s Peel Police on Thursday issued a statement clarifying the altercation between a…
Bhadrak: A dismembered body of a bank employee was found near Kednuapada railway station in…