Jack Ma

US-China trade war

Alibaba's Jack Ma says can't meet promise to create 1 million US jobs

SAN FRANCISCO (Sept 20): Alibaba Chairman Jack Ma said the company can no longer meet its promise to create one million jobs in the United States due to US-China trade tensions, Chinese news agency Xinhua reported on Wednesday.

Management & Corporate Governance

Jack Ma to step down as Alibaba's chairman in 2019; announces CEO Daniel Zhang as successor

SINGAPORE (Sept 10): Jack Ma today announced his plans to step down as the Chinese e-commerce giant’s board chairman, one year from today on Sept 10, 2019.

Malaysia

Chinese investors can help cut trade deficit, says Mahathir

(Aug 19): Chinese investors can help reduce the country’s trade deficit with Malaysia, the Southeast Asian nation’s prime minister said in Beijing on Sunday at an event alongside Alibaba Chairman Jack Ma.

Malaysia

Nothing to fear from China, but lopsided deals must end, says Dr M

KUALA LUMPUR (June 19): Malaysia wants to strengthen its “good relations” with Beijing, Prime Minister Tun Dr Mahathir Mohamad told the South China Morning Post (SCMP) in an interview, but he said Chinese companies investing in the country should refr

Fintech

Jack Ma's debt giant grinds to halt as China curbs micro-loans

(Jan 9): After selling billions of dollars of debt backed by consumer loans last year, Chinese billionaire Jack Ma’s Ant Financial is pausing such fundraising as the government steps up curbs on micro lending.

Global Markets

Alibaba prepares a grand retail experiment for Singles' Day

HONG KONG (Nov 9): Jack Ma beat Jeff Bezos into grocery stores. Now China’s richest man is again showing his rival the way by targeting 6 million mom-and-pop shops, the biggest test yet of a vision to reinvent physical retail.

China Focus

Millennials are helping Jack Ma’s financing firm become a debt giant

SHANGHAI (Oct 17): They’ve made billions of dollars helping sell everything from iPhones to hairdryers on China’s burgeoning online shopping platforms. Now, tech giants led by Alibaba Group Holding Ltd.’s finance affiliate are making money off the l

Tencent buys 4.95% stake in China's leading investment bank for $493 mil

SINGAPORE (Sept 21): Tencent Holdings is coming for your dollars.

Global Markets

Jack Ma is ahead of Jeff Bezos in grocery store ambitions

NEW YORK (Aug 18): Jack Ma is ahead of Jeff Bezos in one area: grocery stores.

Jack Ma's bank deepens push for business big lenders won't touch

(July 3): MYbank, the two-year-old Chinese online lender that already has 3.5 million small-business customers, plans to push deeper into a segment that’s long been shunned by the country’s largest banks.
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