Tag: Jack Ma

Where is Jack Ma, China’s e-commerce pioneer?

BEIJING — China’s best-known entrepreneur, e-commerce billionaire Jack Ma, made his fortune by taking big risks. The former English teacher founded Alibaba Group in 1999, when China had few internet users. Online payments service Alipay launched five years later, before regulators said such businesses would be allowed. Both […]

Exclusive: Alibaba, Jack Ma summoned by Indian court on former employee’s complaint

NEW DELHI – An Indian court has summoned Alibaba and its founder Jack Ma in a case in which a former employee in India says he was wrongfully fired after objecting to what he saw as censorship and fake news on company apps, documents seen by Reuters showed. […]

Alibaba’s Ma steps down as industry faces uncertainty

Beijing, Sep 10: Jack Ma, who founded Alibaba Group, the world’s biggest e-commerce company, is stepping down as chairman at a time when the rapidly changing industry faces uncertainty amid a US-Chinese trade war. Ma stepped down Tuesday as part of a succession announced a year earlier. He will […]

Jack Ma, China’s richest man, is a Communist Party member

Jack Ma, founder of Chinese tech giant Alibaba, is among the world’s richest people but he has now emerged as a member of another club: China’s 89-million-strong Communist Party. The billionaire’s Communist bona fides were revealed by the People’s Daily, the party’s official mouthpiece, in an article praising […]

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