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Wealth quote of the day by Jack Ma: “When you have $1 million, that’s your money.... When you have $1 billion, that’s not your money....” — From Alibaba’s humble roots to China’s silicon superpower: how Ma’s journey reshaped global techWealth quote of the day by Jack Ma: “When you have $1 million, that’s your money. When you have $20 million, you start to have a problem. W...
Jack Ma returns to rally troops after Alibaba’s troubles deepen“Every great company is born in a winter,” Ma wrote in response to a staff post. “The people willing to reform for the future, and the orga...
China's Didi Q2 revenue grows as regulatory curbs easeRevenues at China's Didi Chuxing rose 52.6% for the April-June quarter from a year earlier to 48.8 billion yuan ($6.65 billion, as the ride...
China's Didi Q2 revenue grows as regulatory curbs easeThe company, launched in Beijing in 2012 and backed by prominent investors including Alibaba, Tencent and SoftBank Group, ran afoul of regu...
Chinese billionaire Jack Ma living in Tokyo after China's crackdown against firms: ReportMa's months-long stay in Japan with his family has included stints in hot springs and ski resorts in the countryside outside Tokyo and regu...
Water tycoon is China's richest as wealth crackdown batters Jack MaBottled-water tycoon Zhong Shanshan has become China's wealthiest person, according to an annual ranking released Wednesday. He is worth $6...
China's billionaire Jack Ma on first trip abroad after crackdown on AlibabaBefore flying to Europe, Ma was in Hong Kong to spend low-key "private time" with his family, the Hong Kong-based South China Morning Post,...
China's billionaire Jack Ma on first trip abroad after crackdown on AlibabaJack Ma will be in Europe for a series of business meetings and an agriculture study tour. It will be his first overseas trip in more than ...
Bank plus fintech: Double the powerBanks have been slow to leverage digitalisation and data, while fintech firms collect data from multiple sources on their customers, market...
Jack Ma's business partner reveals billionaire is spending his free days paintingLast year, Ma was summoned by China's financial regulators & Alibaba was fined $2.8 bn.
China denies plan for $1 billion Alibaba fine, but tech firms take a blowAlibaba, China's largest online shopping portal, has been in the crosshairs of authorities in recent months over concerns of its reach into...
China orders Ant Group to return to online payment rootsChina's central bank summoned Ant executives over the weekend and demanded the company "strictly rectify" its lending, insurance and wealth...
SoftBank’s Masayoshi Son and Alibaba’s Jack Ma part waysWhile the departures are unlikely to have an impact on either company, they mark the end of an era.
Open Sesame: A look into Alibaba’s vision for the futureJack Ma’s New Retail is the driving force behind the rising trend of digitising supermarkets, hospitality, and retail stores.
Loosen your purse strings: Amazon's Prime Day sale expected to make US $6.1 bn this yearE-commerce giant Amazon holds its eponymous Prime Day sale in July each year.
Amazon Prime Day Sale: Revenues grow while company gets more paid membersRetailers have also warmed to the idea of Prime Day, despite the preponderance of heavy discounts, which could eat into their margins.
Say no to greed! Alibaba's Jack Ma doesn't get swayed by money and glory"If you keep power in your office, money in your pocket and glory on your head, you will be in trouble," Ma said.
Paytm raises $1.4 billion from Softbank, valuation jumps to over $8 billionThe deal will be the largest infusion by a single investor in a digital company. It will make Softbank one of the largest investors in Payt...
'Niksit' delivers bad news to fund-starved Indian startupsSoftBank has been a prolific investor in Indian startups for nearly two years, and Arora's exit couldn't have happened at a more inopportun...
Jack Ma, Alibaba chairman and China's richest man, was happier earning $12 a month than when he is as a billionaireWhen speaking at a luncheon with the Economics Club of New York on Tuesday, Ma referred to his college life as the "best life I had."