Jack Ma
Jack Ma, or Ma Yun, is a Chinese business magnate, investor, politician and philanthropist. He is the co-founder and former executive chairman of Alibaba Group, a multinational technology conglomerate. Ma is a strong proponent of an open and market-driven economy.
- A former English teacher, Jack Ma cofounded Alibaba Group, one of the world’s largest e-commerce businesses.
- In September 2019, Jack Ma stepped down as Alibaba’s executive chairman; he is succeeded by CEO Daniel Zhang.
- Its 2014 IPO in New York set a record as the world’s biggest public stock offering, raising $25 billion.
- Ma’s investments beyond Alibaba include stakes in Chinese entertainment industry firms Huayi Brothers and Beijing Enlight Media.