Jack Ma

TMT

20 January, 2020

Zomato backer Ant Financial targets $200 bn valuation in private share sales

Ant Financial shares are being offered privately at levels which value the Chinese financial giant at $200 billion, two people ......

Finance

06 December, 2019

SoftBank's Masayoshi Son sticks with gut-led investing in chat with Alibaba's Jack Ma

Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp’s founder and CEO Masayoshi Son reiterated his belief in an ......

TMT

12 November, 2019

Alibaba's Singles' Day sales hit record $38 bn; growth slows

Chinese retailer Alibaba Group Holding Ltd’s sales for its 24-hour Singles’ Day shopping blitz hit a record $38.4 billion, more ......

People

09 September, 2019

Alibaba set for 'big challenge' as chairman Jack Ma steps down

Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting ......

TMT

04 June, 2019

SoftBank to book $11-bn profit from Alibaba share sale

Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit ......

TMT

12 October, 2018

Alibaba's payment affiliate invests $210 mn more in Zomato

Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd is raising $210 million (Rs 1,500 crore) from Chinese ......

People

08 September, 2018

Alibaba CEO Daniel Zhang to replace Jack Ma as chairman in 2019

Jack Ma, the charismatic co-founder of China’s largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in ......

Finance

10 July, 2018

China's Ganesh Ventures gets investment from Jack Ma-backed fund for India foray

Chinese venture capital firm Ganesh Ventures has floated a fund to invest in Indian startups and has received the backing ......

Finance

08 June, 2018

Zomato backer Ant Financial raises $14 bn from GIC, Warburg for global push

Ant Financial Services Group, operator of China's biggest online payment platform, said on Friday it had raised around $14 billion ......

TMT

30 January, 2018

Alibaba Cloud launches AI-based solution to manage Kuala Lumpur city traffic

Jack Ma-led Alibaba Group’s cloud computing division has launched Malaysia City Brain, an artificial intelligence-based smart city solution, to manage ......