Alibaba founder, Jack Ma, on Tuesday stepped down from his position as the Chairman of the company at a gala event attended by thousands of employees. During a four hour celebration which included songs, dances and parades with elaborate floats in an 80,000-capacity stadium, the billionaire entrepreneur handed over the reigns of the company to CEO Daniel Zhang, and seemingly fought back tears while talking about his own future.
Jack Ma’s performances at Alibaba’s annual parties are among the most-anticipated acts of the night. And when Daniel Zhang joins in, that just makes it extra special. Check out their version of “You Raise Me Up” at the company’s 20th anniversary celebration. pic.twitter.com/IFMR6v059I
Known for his eccentric sense of fashion, Ma also donned a metal-studded leather jacket and a rock star wig with long purple locks as he strummed a guitar and performed a rendition of the inspirational anthem by Secret Garden, ‘You Raise Me Up’, to the delight of his audience.
