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Retirement of Alibaba's Ma won't inhibit giant's investment strategy in India: analyst

2018-09-14 09:58:59       source:Global Times

September 12, 2018

The successor of Alibaba Group's founder Jack Ma Yun will not make big adjustments to the company's strategy in the Indian market after he takes over next year, but developments are yet to be seen, said an industry analyst.

The comment came after Indian media questioned whether Ma's "big plans" in the country will be inherited and carried out well by his successor.

The Free Press Journal on Sunday expressed concerns over Ma's retirement by analyzing Alibaba's current investment plan in India. The company on Monday officially released the succession plan including the announcement of Alibaba CEO Daniel Zhang Yong's appointment as the new executive chairman beginning September 10, 2019.

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