What will happen to Alibaba without Jack Ma?

Alibaba’s co-founder and executive chairman, Jack Ma, said he planned to step down from the Chinese e-commerce giant on Monday to pursue philanthropy in education, a changing of the guard for the $420 billion internet company.

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Quan Gan, a senior lecturer in the Department of Finance at the University of Sydney, said Jack Ma set a good role model that Chinese private technology or e-commerce companies should be developed by professional managers, rather than traditional family control.