Jack Ma is staying on as executive chairman for 12 months to "ensure a smooth transition" before handing over his role to chief executive officer Daniel Zhang, Alibaba said in a statement. "While remaining as executive chairman in the next 12 months, I will work closely with Daniel to ensure a smooth and successful transition," Ma said in the statement.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Qj50iM
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