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Companies

Alibaba to unveil succession plan on Monday

Jack Ma not leaving yet, spokesman for Chinese e-commerce giant reportedly says

Alibaba Executive Chairman Jack Ma Yun speaks after receiving an honorary degree at the University of Hong Kong on May 18.
Alibaba Executive Chairman Jack Ma Yun speaks after receiving an honorary degree at the University of Hong Kong on May 18.   © Reuters

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.

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