Ma plans to put his vast fortune - among China's biggest at $41 billion - into initiatives serving his first love, education
Chinese under 30 aren't savers like previous generations. That's helping diversify the economy, but adding to household debt.
More than 10 weeks of confrontations between police and pro-democracy protesters have plunged Hong Kong into its worst crisis
Both Alibaba and smaller rival JD.com, however, are seeking to diversify amid slowing e-commerce revenue growth at home - due in part to markets in China's biggest cities saturating
Baidu has struggled to fend off competition from the likes of Tencent and ByteDance Inc., both of which are luring smartphone-savvy consumers and advertisers to their popular mini-video
Alibaba and Tencent's businesses are largely domestic, having little to do with the US or trade
The Tmall Genie Auto smart speaker will allow drivers to use voice commands to, for instance, place orders on Alibaba's online retail platform and buy movie tickets
To date, Ofo has operations in over 250 cities across 21 countries alongside widespread usage by over 200 million global users
Jack Ma-promoted firm posted 41% revenue growth in the December quarter, but chances are the growth rate will slump
The result is likely to add to investor worries as it highlights the mounting pressures facing the e-commerce behemoth
Alibaba shed about $120 billion of market value through Friday since peaking in June as uncertainty from US-Chinese tensions spooked investors in front-line sectors such as technology
FlyZoo Hotel in Hangzhou, capital of east China's Zhejiang Province, where Alibaba has its headquarteres, is known as the company's first 'future hotel'
Fan Luyuan, the current chief executive and chairman of film unit Alibaba Pictures, has taken over Yang's role, the company said
Even a $31-billion record sales figure from Alibaba Group's Singles' Day didn't give stocks a big lift
Chinese tech giant Alibaba has introduced a new smart screen for the visually impaired users to help them shop without much of an assistance.The smart screen is a result of the company's two years and USD 25 billion R&D initiative. As TechCrunch reports, the screen, called Smart Touch, is like a silicone layer which can be added to the top of a smartphone screen.Each film costs about 3.6 cents to produce. It has three mini buttons on each side which are sensory-enabled. By pressing these buttons, certain commands are triggered, such as 'go back' and 'confirm', making online shopping a smoother process.Smart Touch is also useful while answering calls, listening to texts, and so on.
This Singles' Day to be the last with Jack Ma as chairman
In China, Vuitton - like Kering's Gucci or Hermes - has ventured online but on its own terms, with a WeChat store and a standalone e-commerce site launched in 2017 that it says is doing well
The wine and spirit importer said in the filing that its revenues climbed 16.24% last year to 3.36 billion yuan
Spencer's was already in talks with Amazon. Both options were open, sources say
The man anointed as next executive chairman chose 'Free and Unfettered' as his company nickname