Just as the Chinese duo of Jack Ma and Pony Ma have carved up major chunks of their country’s Internet businesses, the battle for control of 1.3 billion Indians’ data could become a two-horse race.
Browsing: Jack Ma
Alibaba Group co-founder Jack Ma has cut his stake in the company over the past year to 4.8% from 6.4%, cashing out around $9.6-billion at its current share price.
Alibaba Group will invest $28-billion on cloud infrastructure such as data centres over the next three years, a major effort to extend one of its fastest growing businesses to more countries.
Jack Ma, the co-founder of Alibaba Group, said African entrepreneurs will find countless opportunities in e-commerce, logistics and e-payments as the continent prepares for the start of a free-trade deal.
Jack Ma is giving up the reins of Alibaba Group after presiding over one of the most spectacular creations of wealth the world has ever seen.
Tesla CEO Elon Musk and Alibaba Group chairman Jack Ma sparred against each other on Thursday on subjects ranging from the dangers of artificial intelligence, the need to explore Mars and the future of education.
Ever since Chinese President Xi Jinping marked the opening of the first World Internet Conference in 2014, it was meant to usher in a new era of digital openness and project China as a champion of global cyber governance. Those promises are now starting to lie fallow.
Jack Ma, the co-founder of Alibaba Group and China’s richest man, gave a dire warning that the escalating trade war with the US is going to be severe and long-lived.
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.
Alibaba Group founder Jack Ma has used his first visit to South Africa to encourage governments in Africa to support small businesses to address the crippling challenge of unemployment.