jack ma

Jack Ma: Africa Is The Next Great Tech Frontier
Jack Ma: Africa Is The Next Great Tech Frontier
August 09, 2018  |  International

Alibaba Group Holding’s founder and chairman Jack Ma China’s said that the company “will do anything to share technology” with Africa. “The opportunity in eCommerce...

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Alibaba Backs Chinese Face ID Firm Megvii
Alibaba Backs Chinese Face ID Firm Megvii
July 24, 2018  |  Investments

Megvii Inc., the developer of facial recognition system Face++, is reportedly raising at least $600 million from investors including Alibaba and Boyu Capital. According to...

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Shopping Holidays Bring In Billions For eCommerce Retailers
Shopping Holidays Bring In Billions For eCommerce Retailers
June 26, 2018  |  Retail

Holidays aren’t just for marking centuries-old traditions or historic milestones: Retailers are creating their own new-age eCommerce celebrations and bringing in big bucks in the...

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As Ant Financial Rises, So Does China
As Ant Financial Rises, So Does China
June 08, 2018  |  Markets

Here comes China. Again. The recent $14 billion worth of fresh capital for Ant Financial — the China-based firm that is now the most valuable...

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Alibaba CEO Warns Trade War Will Harm Everyone
Alibaba CEO Warns Trade War Will Harm Everyone
April 11, 2018  |  Politics

Alibaba’s Chief Executive Jack Ma warned in an op-ed in The Wall Street Journal on Wednesday (April 11) that a trade war between the U.S. and...

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Ant Financial May Become The World’s Biggest Unicorn
Ant Financial May Become The World’s Biggest Unicorn
April 10, 2018  |  Investments

Through a private funding round that could make Ant Financial the world’s biggest unicorn, the Chinese financial firm — an affiliate of Alibaba — is reportedly...

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Ant Apologizes Over Credit Scoring Snafu
Ant Apologizes Over Credit Scoring Snafu
January 08, 2018  |  International

Following an online uproar, Chinese financial giant Ant Financial has apologized for auto-enrolling unsuspecting users of its new shopping profile service in its credit scoring...

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Another Singles’ Day, Another Series Of Smashed Records For Alibaba And Alipay
Another Singles’ Day, Another Series Of Smashed Records For Alibaba And Alipay
November 13, 2017  |  Retail

While American retailers are gearing up for the one-two punch of Black Friday and Cyber Monday, the biggest shopping day in China’s year has already...

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Alibaba’s Bright Outlook
Alibaba’s Bright Outlook
November 02, 2017  |  Earnings

Alibaba pleased Wall Street with Q3 earnings figures coming in over expectations and a revised outlook for full-year growth denoting a highly positive perspective on...

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