CRI听力:Ma Yun Resigns as CEO of Alibaba
Ma Yun, founder of the Chinese e-commerce giant Alibaba Group announced that he would be stepping down from the position of CEO in May.
Instead, Ma will concentrate on his work as chairman of the Alibaba Group board of directors to help the new CEO cultivate talents and to develop the group's public welfare.
Alibaba Group just completed the biggest organizational structure change since its establishment in 1999.
Ma suggested his successor is likely to come from the group's mature management team.
Moreover, he hopes to take up the post of the first headmaster of Taobao University.
As of December last year, the total value of transactions conducted on Taobao Marketplace and Tmall, the two flagship online retail platforms owned by the Group, exceeded 1 trillion yuan, or roughly $160 billion.
For more on the story, we now cross live to Ben Cavender, Associate principal at China Market Research in Shanghai
相关文章
- CRI听力:Myanmar youth reap rewards from China-Myanmar cooperative projects
- CRI听力:Guardians of the Belt and Road dedicate prime years in Myanmar
- CRI听力:"Dedicate yourself and you will win," says young entrepreneur
- CRI听力:Macao martial arts champion shines in fashion world with Chinese style
- CRI听力:Perseverance and passion make a difference, young athlete from Macau
- CRI听力:Young girl from Macau becomes social media influencer
- CRI听力:Piano prodigies perform at the Beijing premiere of "The Legend of 1900"
- CRI听力:CIIE 2019: A good opportunity to engage with Chinese market and consumers
- CRI听力:Kris Wu shoots a short film, starring Asian teen model
- CRI听力:CIIE 2019: A good opportunity to engage with Chinese market and consumers
手机网站