Ma Yun Takes Off Alibaba CEO Today: Next Stop Charity and Environmental Protection

"There is something to find Lao Lu, nothing to find old horse." Ma Yun left the office of Alibaba employees to drop such a sentence.

Today, Ma Yun will announce in Hangzhou that he will thoroughly abandon the Alibaba CEO title and devote himself to another field - public welfare and environmental protection. Subsequently, his new job was to succeed economist Hu Zuliu and serve as the next chairman of the China Council of the TNC (Trinity Conservation Association).

The Alibaba he created by hand also delivered a perfect transcript before he left. "Daily Economic News" reporter noted that on May 8, Yahoo's filings with the Securities and Exchange Commission of the United States showed that Alibaba Group's net profit for the fourth quarter of fiscal 2012 reached 640 million U.S. dollars, and its profit for the first quarter exceeded Tencent. Become a profitable company in China's Internet industry.

"I'm a bit old for the internet industry; I'm still young for new things," Ma said when attending the charity event in Santa Monica, California, USA, with the Alibaba Group CEO. He subsequently donated $5 million to the "China Global Conservation Fund (CGCF)" established by the members of the Nature Conservancy (TNC). Ma Yun can use his experience and influence in the Internet industry to create a brand new public ecological system and become the focus of attention.

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