As a former English teacher, he said he's choosing to do so because he loves teaching.
, in September last year, Ma announced he would be resigning in 2019, and revealed that his position would be succeeded by Alibaba's CEO Daniel Zhang.
In fact, Ma had already been looking out for"someone better than him" ever since an investor asked him to resign when the company was"in big trouble" more than 10 years ago. "I heard that and I said: 'I cannot resign now, because if I resign now, the company will collapse'," Ma said, and told the investor he would only resign when the company was doing well., and a video of his announcement has been viewed over 1.98 million times since it was uploaded on Friday, May 17.Instead, he was proud of the mistakes and challenges that the company had overcome over the last 20 years, he said.
"You cannot sit there and cry," Ma said, and added that if crying would solve his problems, he could"cry oceans of tears".Get the latest Alibaba stock price
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