E-commerce tycoon Huang tops China's rich listColin Huang's net worth reached $48.6 billion, making him China's wealthiest individual. He founded PDD Holdings, the parent company of e-c...
Mukesh Ambani highest placed Indian, No.2 globally in Brand Guardianship Index 2024Mukesh Ambani is ranked first among Indians and second globally in the Brand Guardianship Index 2024 by Brand Finance. The index recognizes...
Tencent fires 5,500 workers as sales down for first time since going publicTencent has downsized its workforce for the first time since 2014, slashing the number of employees to 110,715 by the end of June, down fro...
Tencent chief causes stir with repost of article on China's economyThe article, which Pony Ma reposted early on Saturday, lamented that there were few people in China willing to speak up about the pressures...
Mukesh Ambani, Gautam Adani dethrone Chinese tech magnates in global rich listAccording to data from Bloomberg Billionaires Index, the wealth of Mukesh Ambani has soared over $84 billion, making him the 12th richest p...
Meet Ma Huateng, who dethroned Jack Ma as China's richestInternet giant Tencent founder and CEO of Ma Huateng, worth $50 billion, has surpassed Alibaba Co-Founder Jack Ma's $48 billion fortune to ...
Alibaba founder Jack Ma reclaims top spot among Chinese billionairesMa, 54, who last month made surprise announcement of his retirement as the executive chairman of the USD 420 billion e-commerce giant, has ...
China’s Ma Huateng, India’s Mukesh Ambani global top two in fastest wealth creationTencent boss nearly doubled his riches, while Reliance Industries chief’s wealth grew 77%.
At $523 billion, Tencent ousts Facebook from global top 5Investors piled into the Chinese social networking giant, extending this year’s rally to 127% and boosting its market value by some $292 bi...
China stocks edge up in thin trading as key resistance loomsThe blue-chip CSI300 index rose 0.2 percent, to 3,452.81 points, while the Shanghai Composite Index gained 0.4 percent to 3,241.73 points.
Alphabet's Larry Page named world's most powerful CEO, followed by Mark ZuckerbergAmazon's Jeff Bezos has finished third whereas Warren Buffet was fourth in the Forbes list.
After Alibaba Holdings, Tencent makes first investment in Indian firmThe company behind popular messaging app WeChat has been known as a fairly aggressive investor in startups both in China and overseas.
The one thing Bill Gates understood immediately but took 20 years for Steve Jobs to realiseGates' ability to quickly grasp the value of an industry-spanning platform rather than merely products was what made Microsoft a dominant P...
Alibaba founder Jack Ma is China's richest manThe 49-year-old founder and chairman of Alibaba Group Holding Ltd has a net worth of $21.8 billion, according to the Bloomberg Billionaires...
China's internet giants on acquisition spreeAlibaba Group announced last week that it will pay $294 million for a 28% stake in a digital mapping company, AutoNavi Holdings Ltd.
In communist China, CEOs acquire more political cloutChina’s Internet bigwigs have taken to politics, becoming the deputies of the main legislative body dominated by the ruling Communist Party.
- Rise & Rise of China’s Internet Billionaires
Chinese group Alibaba's moves to take its flagship ecommerce site alibaba.com private by offering minority investors an eyepopping premium.