Jack Ma (left) and CEO Daniel Zhang at the New York Stock Exchange Bell Ringing ceremony during Alibaba Group's 11.11 Global Shopping Festival in Beijing, China, November 11, 2015. Photo: Reuters

Alibaba appoints Daniel Zhang to succeed Jack Ma as chairman in 12-month succession plan

Ma, the co-founder of Asia’s most valuable company and one of China’s most recognisable names, will remain Alibaba’s executive chairman for 12 months until September 10, 2019

Topic |   Alibaba

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Jack Ma (left) and CEO Daniel Zhang at the New York Stock Exchange Bell Ringing ceremony during Alibaba Group's 11.11 Global Shopping Festival in Beijing, China, November 11, 2015. Photo: Reuters
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Laura He

Laura He

Before joining the Post, Laura worked for MarketWatch and The Wall Street Journal Digital Network in San Francisco and Hong Kong. She has also worked for Forbes in San Francisco and had stints at Xinhua News Agency as economics editor, anchor and financial correspondent in both Beijing and Hong Kong. She has an MA degree in digital journalism from Stanford University and passed CFA exams.

Eugene Tang

Eugene Tang

Eugene Tang, the South China Morning Post’s Business Editor and The Peak magazine’s Publisher, has spent more than two decades in financial journalism and in the business of real-time news. His career began in 1994 as a corporate news writer for The Edge weekly newspaper in his native Malaysia, followed by 14 years as a reporter, editor, bureau chief and team leader at Bloomberg News in Malaysia, Japan and China. Fluent in Mandarin Chinese, Eugene has spent more than a decade living in mainland China, covering everything from economic policies to financial markets and earthquakes in Beijing, Shanghai and in China’s far-flung provinces. Prior to joining the SCMP, Eugene was Asia-Pacific Product Director at The Wall Street Journal’s publisher Dow Jones & Co., where he was responsible for the company’s Dow Jones Newswires, real-time news and content licensing for the Factiva news database business.