Jack Ma has announced his retirement
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China’s Richest Man And Alibaba’s Co-foudner And Chief, Jack Ma Announced His Retirement

China’s Richest Man And Alibaba’s Co-founder And Chief, Jack Ma Announced His Retirement

  • The richest man in China to retire
  • Jack Ma announced his retirement
  • leaving the chines giant fro Monday onwards

The biggest news by the comes here, the richest man in China has announced his retirement. The Alibaba’s Co-founder and Cheif, Jack Ma has announced his retirement.  According to the statement by Jack Ma, he would be leaving the Chinese e-commerce giant.

Looking at the objectives of Jack Ma he wanted to devote his time to philanthropy and social works as well. long with this, he would remain on the board an Alibaba management. The chief of Alibaba, Jack Ma has started the Alibaba in 1999 and made it the one of the best and big e-commerce company.

ALIBABA: THE CHINES GIANT MADE BY JACK MA

Jack Ma has announced his retirement

Announcing to step down from the chines giant, Alibaba. The richest man to step towards the social works, to encourage the economy of the country.  looking at the changes made by the company, then it has changed the terms and methods of shopping and bill payments. In other words, Alibaba has changed the phase of the Chinese market.

In short, credit for changing the methods to shop and to pay goes for Alibaba Groups. Not only this, but the world’s number 1 marketplace credit also goes to the Alibaba. And the total work has been one y the Co-founder and Cheif of Alibaba’s group, Jack Ma.

Along with maintaining e-commerce and online banking, it also encompasses digital media and entertainment and cloud computing.

At the interview to The Neyork Times, Ma told that he would like to pursue his time and fortune to education. According to the sorces his, his income estimated to be worth $38 billion. 

One of the thoughts by Jack Ma:

  1. when you do business, do not worry about competition.
  2. there is nowhere in this world without competition.
  3. you have to get used to it.

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