Alibaba's billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new generation of leaders but will remain executive chairman for the time being, according to a report by the South China Morning Post.
It refutes a widely cited report by the New York Times on Friday, which claimed that Ma was retiring.
It refutes a widely cited report by the New York Times on Friday, which claimed that Ma was retiring.
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