Jack Ma
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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...
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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...
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 ......
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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...
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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
Alibaba Group Holding Ltd’s (BABA.N) co-founder and executive chairman, Jack Ma, will retire from the e-commerce company...
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 ......
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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 ......
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