A tearful Jack Ma formally left Alibaba on Tuesday, donning a guitar and a rock star wig at an event for thousands of employees of the e-commerce giant he founded 20 years ago in a small shared apartment in Hangzhou city in eastern China.

Jack Ma bids tearful farewell to Alibaba with rock star swagger

Ant Financial Services Group, valued at close to $60 billion, offers services like online payment, wealth management products and insurance

Alibaba's Ant Financial buys 20 percent of data firm for $35 million - source

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Jack Ma bids tearful farewell to Alibaba with rock star swagger

Alibaba's Ant Financial buys 20 percent of data firm for $35 million - source