Caixin
Sep 11, 2018 07:01 PM
BUSINESS & TECH

Alibaba’s Partnership Structure Keeps Jack Ma in Picture Past 2019

Alibaba founder Jack Ma attends an award ceremony for rural teachers in the southern city of Sanya on Jan. 21. Photo: VCG
Alibaba founder Jack Ma attends an award ceremony for rural teachers in the southern city of Sanya on Jan. 21. Photo: VCG

* Alibaba’s partnership structure awards voting rights to a large group of management partners

* The system enables the company’s 38 partners, which include Ma, to collaborate and override bureaucracy and hierarchy

(Beijing) — Control of e-commerce giant Alibaba will fall to a broader group of partners that hold a majority of the company’s voting power, giving Jack Ma, a key partner, a continued say even after his retirement next year.

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