Alibaba announces Jack Ma will remain executive chairman for a year, and CEO Daniel Zhang will take over as chairman on September 10, 2019 (Saheli Roy Choudhury/CNBC)

Saheli Roy Choudhury / CNBC:
Alibaba announces Jack Ma will remain executive chairman for a year, and CEO Daniel Zhang will take over as chairman on September 10, 2019  —  - Alibaba said on Monday that CEO Daniel Zhang will take over as chairman of the board in a year, succeeding current executive chairman Jack Ma.

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