Ma Yun Is Still The Ultimate Controller.

Two years ago, when Alibaba When the group's founder, Ma Yun, resigned as CEO, he once said, "the Internet is the world of young people" and promised that most of the 60 top executives will soon withdraw from management.

The real controller

On Thursday, Alibaba group announced that Zhang Yong, Chief Executive Officer (COO), will succeed Lu Zhaoxi as CEO. The management handover of the e-commerce giant seems to have been completed.

However, although Zhang Yong, who has been in office for 8 years, will become the new Alibaba commander, but Alibaba will still be firmly in his hands when he founded the company 16 years ago.

Ma Yun has great influence on Alibaba, and is still the chairman of the board of directors of the group. At the end of 2014, he held 6.26% of Alibaba's shares. According to the closing price of Alibaba's $86 on Thursday, the stake was worth about $13 billion 400 million.

"No matter who is CEO, Ma is still the ultimate controller of Alibaba," said Henry A Henry Guo, an investment company's Summit Research analyst.

Zhang Yong is well known.

If Ma Yun is a visionary leader, he will achieve a smooth transfer of power as soon as possible and let Zhang Yong take the lead, especially in the context of the explosive growth of mobile e-commerce. In the first quarter, Alibaba said Thursday that mobile terminal transactions accounted for more than 50% for the first time.

As for Zhang Yong, he became the new leader of Alibaba.

Alibaba said Zhang Yong was an important founder of the "double eleven" shopping carnival. Tmall The development has laid a solid foundation. "Double eleven" has been a great success. It has replaced the US "black Friday" as the largest shopping Carnival in the world.

Hou Xiaotian, analyst at T.H. Capital Research, Beijing investment company, said (Tian Hou): "businesses must make changes because the market is changing. They need someone to lead the company to adapt to this changing environment.

　　 Ease the crisis

In a letter to all the staff on Thursday, Jack Ma Highly praised Lu Zhaoxi, who will be resigned as CEO, will become vice chairman of Alibaba's board of directors, focusing on talent training. Ma Yun wrote: "over the past two years, he has to shoulder tremendous pressure and need great courage to bear and sacrifice. These two years are also two years of rapid progress in Alibaba group business.

However, it was during the helm of Lu Zhaoxi, born in 1969, that the Alibaba fell more than 30% at its highest point in mid November last November, and the market value evaporated more than $70 billion.

In addition, in January this year, China's regulators also accused Alibaba of having infringed intellectual property rights and illegal operations on e-commerce platforms, which made Alibaba unprepared. However, Ma soon resolved these crises.

A Alibaba spokesman said rumors that Lu Zhaoxi had been replaced because of poor performance were untrue. He said Alibaba had been preparing for such handover since 2012.