Jack Ma makes big donation to help African Union through coronavirus

2020-03-23 16:20

The equipment donated includes 20 000 laboratory diagnostic test kits, 100 000 medical masks, and 1 000 protective suits and face shields.

Follow the Chinese model for employment and wealth creation in South Africa

2020-01-20 10:49

Almost anything you can think of, the Chinese small-time workers will be producing, somewhere in China, from large cities to the absolute smallest of rural villages and settlements.

Jack Ma says people could work just 12 hours a week in future

2019-08-29 16:25

Billionaire Jack Ma, long an outspoken advocate for China’s extreme work culture, says that people should be able to work just 12 hours a week with the benefits of artificial intelligence.

Alibaba beats analyst estimates as recommendations boost sales

2019-05-15 15:41

Revenue at China’s biggest e-commerce company rose 51% to 93.5bn yuan ($13.6bn) in the three months ended in March, the company said.

Jack Ma again endorses extreme overtime as furor rages on

2019-04-15 08:59

Billionaire Jack Ma again encouraged tech workers to embrace the industry’s extreme-overtime culture, defying a growing social media backlash.

Tencent-backed Meituan's losses balloon in duel with Alibaba

2019-03-11 19:39

Backed by WeChat-operator Tencent, Meituan is spending heavily to wage a pitched battle with Alibaba’s Ele.me and Fliggy in a cut-throat arena for on-demand services.

WATCH: E-commerce giant unveils new hotel runs on robot hospitality

2019-01-23 18:47

Featuring human-less check-ins, facial scans and voice-controlled rooms, e-commerce giant Alibaba has unveiled its first 'future hotel' in China.

Jack Ma labels trade war 'most stupid thing' as tensions boil

2018-11-05 21:28

Billionaire Alibaba co-founder Jack Ma has called fighting over trade senseless and decried once again a widening conflict between the US and China.

Richemont announces JV with Alibaba to sell luxury brands in China

2018-10-26 09:56

Richemont chairperson Johann Rupert says Chinese customers at home and abroad are an 'increasingly important customer base for Richemont and for the broader luxury industry'.

Jack Ma warns China to prepare for 20-year trade war

2018-09-19 08:59

Alibaba Group Holding co-founder Jack Ma cautioned China’s business and political leaders to prepare for the trade war with the US to last longer and have a bigger impact than most people think.


Tencent, Alibaba apps find fans in virus-affected schools

2020-02-12 13:07

In coronavirus-hit China, demand for virtual office tools from Alibaba and Tencent is surging as the world’s largest work-from-home experiment gets into full swing.

Jack Ma ends 20-year reign over Alibaba wealth creation empire

2019-09-10 20:30

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.

Alibaba is said to weigh raising R288bn via second listing

2019-05-27 20:31

Alibaba Group is considering raising $20bn (about R288bn) via a second listing in Hong Kong after a record-breaking 2014 New York market debut, according to people with knowledge of the matter.

Alibaba, Tencent to show how China is handling the trade war

2019-05-14 21:37

Their enormous sprawl will likely help investors take the temperature of everything from the United States-China trade war and consumer spending to global technology investment.

Prepare to work 12 hours a day, six days a week at Alibaba - Jack Ma

2019-04-14 12:16

Ma told an internal meeting that Alibaba doesn’t need people who look forward to a typical eight-hour office lifestyle, according to a post on Alibaba’s official Weibo account.

Tech optimism at Davos tempered by trade anxiety and regulation

2019-01-25 19:31

Tech companies are back pitching the promise of innovation, but this time, stuck in the middle of a trade war, they’re welcoming government oversight.

China's annual shopping frenzy shatters another record

2018-11-11 11:38

Shoppers in China have once again broken records after spending more than $14bn within the first two hours of an annual online retail frenzy

Radical economic transformation and the return of Johann Rupert

2018-11-02 07:00

His vilification as the embodiment of "white monopoly capital" has Johann Rupert disillusioned about South Africa. But President Cyril Ramaphosa's call to treat entrepreneur as "heroes" might entice him to lend a hand.

Once-richest woman becomes biggest loser in China wealth rout

2018-10-19 10:49

IPhone and Tesla touchscreens once made her China’s richest woman. The US-China trade war has made her the biggest loser in 2018 among Chinese billionaires.

Alibaba inks $2bn Russia JV with Kremlin fund, Mail.ru

2018-09-11 12:50

Alibaba is setting up a $2bn joint venture with a Kremlin-backed fund and billionaire Alisher Usmanov’s Mail.ru Group to grow its e-commerce business in Russia.

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