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Will Jack Ma’s Retirement Be a Silent Memoir in a Wobbling Startup Era?

Jack MaAlibaba’s co-founder and executive chairman, Jack Ma, shared his retirement plans to continue his philanthropy in education. Jack Ma, a business magnate who created an e-commerce business empire of $420 billion internet company.

Ma was an English teacher before starting Alibaba in 1999,  Mr. Ma started Alibaba in 1999 and built it into one of the world’s most consequential e-commerce and digital payments companies, transforming how Chinese people shop and pay for things.

Ma told The New York Times that he plans to step down from the company, referring to his retirement as “the beginning of an era” rather than an end.

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Niloy Banerjee

A generic movie-buff, passionate and professional with print journalism, serving editorial verticals on Technical and B2B segments, crude rover and writer on business happenings, spare time playing physical and digital forms of games; a love with philosophy is perennial as trying to archive pebbles from the ocean of literature. Lastly, a connoisseur in making and eating palatable cuisines.

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