Jack Ma

Fintech

Jack Ma’s shadow looms large for banks across Southeast Asia

SINGAPORE/SHANGHAI (June 30): Over the past two months, some 1,000 part-time workers for DBS Group Holdings Ltd. have fanned out across Singapore’s famed food courts, trying to entice mom-and-pop hawkers to use the bank’s digital payments service, ca

KKR, Blackstone, RRJ and TPG dropping out of race for GLP, says FT

SINGAPORE (June 23): Almost all the potential bidders for Global Logistic Properties are dropping out as the June 30 deadline approaches, reported The Financial Times.

Global Markets

Jack Ma woos mom-and-pop shops in US jobs push

NEW YORK (June 20): Sam Wolf moved his family's health and wellness business online more than a decade ago. The Conshohocken, Pennsylvania-based company runs its own warehouse and sells thousands of nutrition products in dozens of countries through it

Jack Ma's libertarian talk approaches red line

(June 15): Corporate executives sometimes like to talk about how their companies are overtaking nation states. In China, they tend to be careful not to outshine the government and avoid such analogies. Yet that's just what Jack Ma did last week.

Temasek and Jack Ma-backed fund invest in genomics business

SINGAPORE (May 2): A fund backed by Chinese billionaire Jack Ma and Singapore’s state-owned investment firm Temasek Holdings made new investments in contract genomics organization WuXi NextCODE, which is expanding in China as the country pushes into the
Li Ka-Shing

Global Markets

Hong Kong billionaire Li's force field may be fading

HONG KONG (Jan 12): Billionaire Li Ka-shing is so powerful, Hong Kongers quip, he emanates a force fieldshielding the city from dangerous typhoons that could harm his businesses. Yet Li’s magic is showing signs of wearing off after his wealth shrank by
Donald Trump, Jack Ma

China Focus

Alibaba’s Ma meets with Trump to talk about creating jobs

(Jan 10): Alibaba Group Holding Chairman Jack Ma met with Donald Trump on Monday to discuss how the online retailer could help create 1 million new US jobs, keying in on one of the president-elect’s chief concerns amid fraught relations between China an

US again labels Alibaba ‘notorious market’ for knock-offs

NEW YORK/HONG KONG (Dec 22): The US has again labeled Alibaba Group Holding Ltd. one of the world’s largest destinations for fake goods, a major embarrassment for a Chinese e-commerce titan trying to shake off its reputation as a haven for counterfei

Alibaba Cloud expands global footprint with 4 new data centres

SINGAPORE (Nov 21): Alibaba Cloud, the cloud computing arm and a business unit of China’s Alibaba Group, says it aims to open four new data centres by end-2016 in the Middle East, Europe, Australia and Japan.
Jack Ma

Jack Ma, Spielberg team up with deal to bring Hollywood to China

HONG KONG/LOS ANGELES (Oct 10): It’s a casting director’s dream. Jack Ma, China’s richest man, and the highest-grossing Hollywood auteur of all time have struck a deal to work together to produce and finance films for the world’s second-largest mo
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