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Jack Ma announces Alibaba retirement with rock star performance


Aizbah KhanWeb Editor

13th Sep, 2019. 12:24 am
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The Chairman of the well-known e-commerce company Alibaba Jack Ma, has announced his retirement and gave a wonderful rock star performance at the company’s 20th anniversary party in Hangzhou, China.

Jack Ma was also celebrating his 55th birthday, he gave his best performance by playing the guitar as well as singing the song and won the hearts of more than 60,000 workers who were waving internet-connected flashing wristbands.

The former chairman of Alibaba is one of the world’s richest man, has announced his retirement from the company at Hangzhou Olympic Sports Center Stadium yesterday.

Jack Ma was CEO of Alibaba e-commerce Company in 2013, after which he rose to the position of Chairman. As Chairman Jack Ma steered the company out of downturn which the e-commerce business was facing and took it on the path to growth.

Jack Ma has decided to spend the rest of his life in educational services after retirement.

Alibaba, an e-commerce company founded in 1999, is currently worth more than $ 460 billion.

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