Alibaba has a new CEO, but it's still Jack's house

SHANGHAI (Reuters) - When Alibaba Group Holding Ltd's eccentric founder Jack Ma stepped down as CEO two years ago, he declared "the Internet belongs to young people," and promised that most of the company's leaders born in the 1960s would soon retreat from management.

from Reuters: Top News http://ift.tt/1DW3Tq0
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