Almost 80,000 investors, employees working in the company … four-hour cultural events. Emotion on the one hand, happiness on the other. Jack Maa, the billionaire executive chairman and global leader of Alibaba as he promised last year retired, to hand over his responsibilities to new CEO Daniel Zhang …
Alibaba, which started out as a small e-commerce company about 20 years ago, is not expected to grow this big one day. Jack Ma, who considered the company to be his baby, now had time to give away to someone else. The event was held in the city of Zhangzhou in the East China area.
The show, which began with performances by dancers, entertaining rock stars, ended with a tearful speech by Jack. “I am going to start a new life later tonight. The world is very good. I feel like I have a lot of opportunities. I love what I have done so far, so I am going to retire quickly.”
The event went viral on Chinese social media giant ‘Weibo’. Jack bid farewell and greeted millions. The event was attended by Jack Ma along with Alibaba co-founder Lucy Peng and Technology Committee CEO Wang Jian.