Business
Alibaba names new chairman and CEO in major shakeup

Alibaba is replacing Daniel Zhang as chairman and CEO as the Chinese tech giant undergoes the biggest shakeup in its history. Joseph Tsai, executive vice chairman and a co-founder of Alibaba (BABA), will succeed Zhang as chairman, the company said…

World
Alibaba’s Jack Ma to step down in September 2019 (BBC)

Jack Ma, the executive chairman of Chinese e-commerce giant Alibaba, has said he plans to step down in a year. The news, in a letter sent by Mr Ma to Alibaba customers and shareholders, follows conflicting reports over the weekend…

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