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Business Opinion

Alibaba Dresses Up With New CEO

The Internet world is buzzing this week with word that Alibaba founder Jack Ma will hand over his CEO title to another company executive, ushering in a new generation of leadership for China's leading e-commerce firm. But this change looks largely superficial to me, and is most likely designed to please investors as the company gets set for its multibillion-dollar IPO that could happen later this year. Instead of chief executive officer, the title of chief administrative officer would probably be more appropriate for the role that Alibaba's incoming number-two man Jonathan Lu will play.   More