Chinese tech giant Alibaba said Tuesday it will replace its top boss, in a surprise move at the e-commerce titan as it looks to recover from years of slow growth caused by weak consumer spending and a regulatory crackdown.

Chinese tech giant Alibaba names new CEO, chairman

Jack Ma steps down next week as chairman of Alibaba, but the start-up he built into an online retail behemoth is expected to keep thriving into a new era thanks to a culture of innovation he helped nurture.

Smooth succession: Jack Ma to step down as Alibaba's chairman next week

Sales hit $10 billion in just over an hour

China Single's Day 24-hour online shopping binge nears $16 billion

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Chinese tech giant Alibaba names new CEO, chairman

Smooth succession: Jack Ma to step down as Alibaba's chairman next week

China Single's Day 24-hour online shopping binge nears $16 billion