Billionaire Jack Ma steps down as Executive Chairman of Alibaba Group

Chinese Billionaire, Jack Ma, has stepped down from his role as the Executive Chairman of Alibaba Group.

Jack Ma who initiated e-commerce into China, celebrated his retired with an absolute blast at an Olympic-sized stadium in Hangzhou, where Alibaba was birthed.

933E8E63 6DEC 4538 B9C3 5090624EDA53

According to reports, Jack Ma has left his role as to concentrate on being a full-time philanthropist after building the Alibaba empire which is now worth $460 billion in business.

The author of “Alibaba: The House That Jack Ma Built” said;

“Jack has been signaling for some time his interests in philanthropy, environment, women’s empowerment, education and development.”

DCA12F19 7C7D 4100 8C8A CD29205FBD98

Alibaba Group Holding Limited is a Chinese multinational conglomerate holding company specializing in e-commerce, retail, Internet, and technology.

Jack Ma, or Ma Yun, is a Chinese business magnate, investor, politician and philanthropist. He is the co-founder and executive chair of Alibaba Group, a multinational technology conglomerate. Ma is a strong proponent of an open and market-driven economy.

Stay Connected , follow us on: Facebook: @creebhillsdotcom, Twitter: @creebhillsblog, Instagram: @creebhills, Pinterest: @creebhills Telegram: creebhills

To place an advert/sponsored post on our site, contact us via
Previous articleKevin Hart is doing very well after the car crash- The Rock
Next articleWizkid announces ‘Ghetto Love’ official music video release date
I'm the Chief- Editor at CreebHills. We strive to constantly provide news in various domains in connection to the Nigerian region and the rest of the world. I work also as a PR and Brand Specialist and aim to grow Creebhiils as a brand to reach mass audiences. You can reach out to me at


Please enter your comment!
Please enter your name here