SHANGHAI -- Alibaba Group Holding co-founder and Executive Chairman Jack Ma Yun will reportedly lay out a succession plan this coming Monday, with a company-owned newspaper denying on Saturday reports that he would retire within days.
The South China Morning Post, the English-language Hong Kong publication acquired by Alibaba in 2016, reported on Saturday evening that the plan will come out on Ma's 54th birthday. It is unknown whether a successor will be named.
