(XINHUA)

Jonathan Lu, Executive Vice President of the Chinese e-commerce giant Alibaba Group, will become the company's CEO on May 10, replacing Jack Ma, according to a company announcement on March 11.

Lu, 43, has been working for Alibaba since 2000, a year after the company was founded.He founded the Alibaba.com sales team in Guangdong, was also the founding president of Alipay (Alibaba's online payment service), and is currently Alibaba's chief data officer and president of Aliyun Mobile Operating System.

Alibaba Group, founded in 1999, provides services for Internet users from more than 240 countries and regions across the world. Its relevant companies have more than 24,000 employees in more than 70 cities worldwide.