Jack Ma
TMT
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
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
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
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
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
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
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
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
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
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 ......
