The world is big, and I am still young: Jack Ma on his retirement
Alibaba's billionaire Co-founder Jack Ma on his 54th birthday announced he will step down as Chairman in 2019 and said in a letter to employees, "The world is big, and I am still young." He added, "I want to try new things, because what if new dreams can be realized?" Alibaba CEO Daniel Zhang will succeed Ma as Group Chairman.