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Meet the new CEO of Alibaba

The leadership shake-up comes months after Alibaba, which is the third-most valuable company in Chi…

Lina Batarags   


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Jack Ma sends longest memo to Alibaba employees in 5 years

Reclusive billionaire cofounder Jack Ma has some words of encouragement for Alibaba Group employees.

Jordan Hart   


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2 mins read

Shein's CEO is so low-profile his employees don't even recognize him: report

Shein's executive chairman is more public, but he sparked scrutiny from Beijing in a recent speech.

Meghan Morris   


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3 mins read

Masayoshi Son made $72 billion betting on Jack Ma's Alibaba. Now he wants to do it again with AI.

More than two decades on from his first bet on Alibaba, SoftBank CEO Masayoshi Son is ready to go a…

Hasan Chowdhury   


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Alibaba to make significant job cuts amid IPO plans

Chinese internet giant Alibaba is making significant job cuts, reportedly around 7 per cent of its …

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2 mins read

Jack Ma's Alibaba was once China's answer to Silicon Valley giants – but its turnaround plan appears to be in trouble

The Chinese tech firm was once Asia's most valuable company, but insiders say it's struggling with …

Hasan Chowdhury   


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Alibaba's stock dropped so much that Jack Ma reversed a plan to sell shares for his other investments

Jack Ma's family office was set to sell 10 million Alibaba shares this week to invest in agricultur…

Huileng Tan   


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Alibaba showcases its ChatGPT-style service

Alibaba showed off its version to the ChatGPT craze demonstrating new software that it plans to eve…

ANI   


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Alibaba exiting India? Paytm among other Alibaba-owned stocks seeing selloff

Paytm's stocks on Thursday saw a sharp downside movement after a block deal that took place where 2…

ANI   


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Ex-Google CEO says the US and China's most powerful AI systems may one day be stored in military bases and surrounded by machine guns

"They will be housed in an army base, powered by some nuclear power source and surrounded by barbed…

Kwan Wei Kevin Tan   


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Ant Group's $35 billion IPO could be back in play because it plans a JV with China-backed firms, report says

Chinese regulators had ordered Ant Group to restructure before allowing the fintech giant to comple…

Sophie Kiderlin   


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A fourth Chinese billionaire founder-CEO has stepped down as Beijing keeps up the pressure on its tech giants

E-commerce giant JD.com's founder Richard Liu is the latest to leave a tech leadership role in Chin…

Weilun Soon   


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Alibaba jumps 5% after billionaire Jack Ma appeared in a 50-second videoclip after weeks of laying low

The billionaire, who is a former English teacher, seemed to embrace themes promoted by China's Comm…

Shalini Nagarajan   


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Jack Ma reportedly proposed a restructure at Alibaba, and it has echoes of what's been happening at Meta

Alibaba cofounder Jack Ma retired from the company in 2019, but he was back advising the company in…

Huileng Tan   


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Alibaba looks to raise up to $8 billion through bond sale as Jack Ma's empire faces regulatory crackdown, report says

The e-commerce group aims to raise at least $5 billion, but it could fetch more, according to a Reu…

Shalini Nagarajan   


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Jack Ma is set become the world's 11th-richest person on Ant Group's IPO, leapfrogging heirs to L'Oreal and Walmart with his $71.1 billion fortune

Jack Ma's fortune rose by an estimated $27 billion following share pricing for Ant Group's November…

Grace Dean   


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Ant Group CEO Simon Hu has resigned from the Chinese fintech giant

Simon Hu, the CEO of Jack Ma's Ant Group, resigned for personal reasons, Bloomberg first reported.

Grace Dean   


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Alibaba shares surged 16% on hopes that the Chinese tech giant's restructuring means Beijing's tech crackdown is finally ending

The Hong Kong Stock Exchange-listed Alibaba shares closed 12% higher, while shares of its major sha…

Huileng Tan   


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Alibaba stock jumps 10% as the Chinese tech giant begins its biggest reorganization ever and eyes new IPOs

The move to split the company into six independently run entities comes just a day after cofounder …

Phil Rosen   


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Softbank CEO Masayoshi Son says he and Alibaba's Jack Ma send each other drawings to keep in touch

The two businessmen have been friends for years, and Son said on Monday that they've kept tabs on e…

Katie Canales