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Jack Ma

Alibaba founder Jack Ma steps out from shadows with long internal post

Alibaba founder Jack Ma steps out from shadows with long internal post

Wed, Apr 10, 2024

The post, made in an internal company forum, comes one year after Alibaba announced its decision to split into six units - the biggest shake-up in its 25-year history.

Chinese billionaire Jack Ma in Nepal, likely to meet Prachanda

Chinese billionaire Jack Ma in Nepal, likely to meet Prachanda

Wed, Jun 28, 2023

Jack Ma, who landed in Kathmandu on a special flight via Dhaka in Bangladesh, has business connections in Nepal.

Jack Ma appears to discuss 'understanding of mathematics' with students

Jack Ma appears to discuss 'understanding of mathematics' with students

Mon, Jun 19, 2023

Billionaire and former Alibaba founder Jack Ma made a rare public appearance in the Chinese city of Hangzhou, discussing the "understanding of mathematics" with finalists of the 2023 Alibaba Global Mathematics Competition.

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Alibaba chief Jack Ma retirement: Impact on India?

Alibaba chief Jack Ma retirement: Impact on India?

Mon, Sep 10, 2018

As Alibaba's Jack Ma turns 54 on Monday -- the day when he will reportedly make his retirement official which also happens to be Teachers' Day in China -- he is leaving behind a legacy which will not be easy for his successor to carry forward.

Why Jack Ma wants to retire from Alibaba at 54: China' richest man's reason may inspire you

Why Jack Ma wants to retire from Alibaba at 54: China' richest man's reason may inspire you

Sat, Sep 08, 2018

New York Times reports that Alibaba Group Holding Ltd`s co-founder and executive chairman Jack Ma will retire from his e-commerce company on Monday.

Future will be about 'made on the internet': Jack Ma

Future will be about 'made on the internet': Jack Ma

Wed, Jan 24, 2018

Jack Ma said that even without a perfect logistics system, payments system or blockchain, e-commerce has grown remarkably.

US blocks MoneyGram sale to China's Ant Financial on national security concerns

US blocks MoneyGram sale to China's Ant Financial on national security concerns

Wed, Jan 03, 2018

The US government has toughened its stance on the sale of companies to Chinese entities, at a time when Trump is trying to put pressure on China to help tackle North Korea`s nuclear ambitions and be more accommodative on trade and foreign exchange issues.

Alibaba's "Singles'' Day fest sale hits $25 billion

Alibaba's "Singles'' Day fest sale hits $25 billion

Sun, Nov 12, 2017

The company sold $25.38 billion (168.2 billion Chinese Yuan) worth of goods within 24 hours of its annual sales event, registering about 39% growth over its previous year`s sales of $18 billion during the one-day event in 2016.

Alibaba kicks off global shopping fest in China

Alibaba kicks off global shopping fest in China

Sat, Nov 11, 2017

Held on China`s Singles` Day, which falls on November 11, Alibaba Group Holding Limited`s shopping extravaganza is among the largest shopping events in the world.

Chinese spend billions on Singles' Day

Chinese spend billions on Singles' Day

Fri, Nov 11, 2016

Chinese shoppers spent more than $1 billion in the first five minutes of Singles Day on Friday, e-commerce giant Alibaba said in the world`s biggest online shopping promotion. Singles' Day -- named for the repeated digit 1 in the date November 11 -- was created by Alibaba in 2009.

Goldman Sachs APAC chairman Mark Schwartz joins Paytm board

Goldman Sachs APAC chairman Mark Schwartz joins Paytm board

Mon, Oct 24, 2016

Paytm announced on Monday that it has appointed Goldman Sachs Asia-Pacific (APAC) chairman Mark Schwartz to the company's board.

Jack Ma's Alibaba acquires stake in Steven Spielberg firm

Jack Ma's Alibaba acquires stake in Steven Spielberg firm

Mon, Oct 10, 2016

Alibaba Pictures, a unit of Ma's sprawling e-commerce conglomerate, has taken a minority shareholding in Spielberg's Amblin Partners, a film creation company that includes DreamWorks studios.

Jack Ma, others agree $4.4 billion deal for Caesars online games

Jack Ma, others agree $4.4 billion deal for Caesars online games

Sun, Jul 31, 2016

Giant is one of China`s biggest gaming companies, with nearly 50 million monthly active users and several top-grossing mobile titles. It was taken private in 2014 for $3 billion by a group of buyers that included company Chairman Yuzhu Shi and private equity firm Baring Private Equity Asia Ltd. It is now valued at more than $12 billion.

China e-commerce giant Alibaba's quarterly revenue leaps 39%

China e-commerce giant Alibaba's quarterly revenue leaps 39%

Thu, May 05, 2016

For the full financial year ended in March, net income rocketed 196% to $11.08 billion

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