Browsing: Jack Ma

World
Jack Ma set to step down from Alibaba

Alibaba Group chairman Jack Ma told The New York Times that he plans to step down from his role at the company on Monday, marking the end of an era at China’s e-commerce juggernaut.

Top
Gates, Bezos back $1bn clean energy fund

Bill Gates and more than a dozen of the world’s wealthiest individuals revealed a new, US$1bn investment fund late on Sunday to foster major advances in clean energy production. Dubbed Breakthrough Energy Ventures, the 20-year fund

News
The world’s richest tech billionaires

Unsurprisingly, former Microsoft CEO Bill Gates and former Oracle CEO Larry Ellison top the list of the richest people in technology, but did you know that Amazon CEO Jeff Bezos is in third place after a recent surge in the value of the online retailer’s

World
Alibaba feeding frenzy depressingly familiar

Greed is still good. Wall Street has just witnessed its largest ever stock market launch as Chinese Internet giant Alibaba raised some US$25bn and watched its share price rise by 35% on its first day’s trading. It says

Alistair Fairweather
China’s Alibaba slinks onto US shores

As Internet access spread across the globe, a handful of giant American corporations ended up dominating industries. Google in search, Amazon in online shopping and Facebook in social networking. The one market that has proved consistently immune to these titans is China. Now, one of China’s homegrown Internet giants