Outgoing Alibaba CEO Ma says he's 'old' for Web

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Posted: Friday, May 3, 2013 12:00 am

SANTA MONICA, Calif. (AP) - Alibaba founder Jack Ma, the billionaire who has run the Chinese e-commerce giant since 1999, says he's getting "a bit old" for the Internet.

That's what the outgoing chief executive told a charitable event in Santa Monica Thursday as he pledged $5 million toward a China-based fund that supports environmental conservation projects outside China.

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