Jack Ma to announce shock retirement from business?

Alibaba founder created a stir on Saturday when rumors have surfaced that his career was over.

Sad news for Ma fans. Speculation had been rife that Alibaba's founder will announce his retirement from business, at age 60, with immediate effect.

UPDATE 22/12/2024 : This story seems to be false. (read more)

Being a business man isn't fun anymore

“As we get older, there are phases of life that we enter into, and being a business man just isn't fun anymore,” he might have said, says a source who remained anonymous. Other reports hinted that he may branch out into other creative fields he is better at (and more interested in), though they didn't provide any details.

#ThankYouJack

For a little while on Saturday evening, #ThankYouJack was a trending hashtag on Twitter. As many fans reminisce and look back on all the unforgettable memories, some may wonder what about now made him make the decision.

“You’ve accomplished everything I ever dreamed of #ThankYouJack.”
— @DesireePlum, 21 Dec 2024
“I thought Jack Ma retired about 5 years ago?!?”
— @millythom, 21 Dec 2024

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