Jack Ma

Timelines
Actor Lana Condor blasts President Trump for 'Chinese virus' remarks

20 Mar 2020

Actor Lana Condor blasts President Trump for 'Chinese virus' remarks

While the entire world weeps in unison over the countless lives lost due to the novel coronavirus pandemic, one very powerful man continues to ascribe the virus to a single nation.

#AnEraEnds: Alibaba co-founder Jack Ma hangs up his boots

10 Sep 2019

#AnEraEnds: Alibaba co-founder Jack Ma hangs up his boots

After spending two decades at Alibaba's helm, Jack Ma stepped down as Chairman of the e-commerce giant on Tuesday, his 55th birthday.

Jack Ma advises married-employees: "Sex for six days, six times"

14 May 2019

Jack Ma advises married-employees: "Sex for six days, six times"

Alibaba founder Jack Ma stoked up controversy recently after he advised his married employees to follow "669," that is, "Sex for six days, six times, with duration being the key."

Xiaomi creates new managerial positions to foster leadership

15 Sep 2018

Xiaomi creates new managerial positions to foster leadership

Amid increased scrutiny of governance and succession in mega Chinese tech firms, smartphone maker Xiaomi has announced that it is looking to create new managerial positions to build a second tier of leadership under CEO Lei Jun.

Alibaba co-founder Jack Ma to step down in September 2019

10 Sep 2018

Alibaba co-founder Jack Ma to step down in September 2019

Alibaba co-founder Jack Ma, one of the world's richest business executives, has announced that he will step down as the executive chairman of Alibaba in September 2019.

Alibaba's Jack Ma isn't retiring, will announce his succession plans

09 Sep 2018

Alibaba's Jack Ma isn't retiring, will announce his succession plans

Refuting an NYT report which claimed Jack Ma would be retiring from Executive Chairmanship of Alibaba group on Monday, South China Morning Post, a newspaper owned by the company, reported on Sunday that he would instead unveil his succession plans.

End of era: China's richest man Jack Ma announces retirement

08 Sep 2018

End of era: China's richest man Jack Ma announces retirement

Jack Ma, who serves as Executive Director of Alibaba, a company he founded in 1999 has announced his retirement. The business magnate will retire on Monday, September 10, according to reports.

Which will hit the trillion dollar mark: Apple or Amazon?

20 Jul 2018

Which will hit the trillion dollar mark: Apple or Amazon?

Following the completion of Amazon's Prime Day sale, wherein the company announced that it had sold over 100 million products, the global e-commerce giant's stock market value climbed to breach the $900bn mark for the very first time.

Mukesh Ambani overtakes Jack Ma to be Asia's richest person

13 Jul 2018

Mukesh Ambani overtakes Jack Ma to be Asia's richest person

India's richest man, Mukesh Ambani, has now become Asia's richest man, overtaking Alibaba Group founder Jack Ma.

Bill Gates' $1bn-fund makes first investment in energy storage startups

14 Jun 2018

Bill Gates' $1bn-fund makes first investment in energy storage startups

Breakthrough Energy Ventures (BEV), the $1 billion fund launched by millionaires Bill Gates, Jeff Bezos, Richard Branson, Mark Zuckerberg, Jack Ma, Mukesh Ambani, and George Soros in 2016 to create new energy technologies and fight climate change, is finally making its first investment.

Jeff Bezos overtakes Bill Gates to become world's richest man

07 Mar 2018

Jeff Bezos overtakes Bill Gates to become world's richest man

Amazon CEO Jeff Bezos has overtaken Microsoft's Bill Gates to become the richest man in the world.

What if the world's richest paid for government spending?

13 Feb 2018

What if the world's richest paid for government spending?

Bloomberg Politics has constructed an index to see how many days governments can keep running if the richest person from each country pays for governments' expenditure.

China's online-shopping boom continues, Alibaba has an 'outstanding quarter'

03 Nov 2017

China's online-shopping boom continues, Alibaba has an 'outstanding quarter'

Chinese e-commerce giant Alibaba Group posted stronger-than-expected third-quarter results with a massive jump in revenue as the online shopping boom continues in China.

US stops sale of American chip manufacturer to China-backed group

14 Sep 2017

US stops sale of American chip manufacturer to China-backed group

The US has stopped the sale of an American company to a Chinese-backed firm citing security concerns.

Amazon secures patent to prevent online price comparison in stores

16 Jun 2017

Amazon secures patent to prevent online price comparison in stores

After recently launching its physical retail stores, Amazon has been granted a patent that will prevent consumers from using the in-store Wi-Fi to check product price listings online.

Jack Ma gains $2.8 billion in one day

09 Jun 2017

Jack Ma gains $2.8 billion in one day

The founder and executive chairman of Alibaba Group, Jack Ma became Asia's richest man and the 14th wealthiest man in the world; his net worth surged from $8.5 billion to $41.8 billion this year.

Paytm founder Vijay Shekhar's new Lutyens' zone acquisition

07 Jun 2017

Paytm founder Vijay Shekhar's new Lutyens' zone acquisition

Paytm founder Vijay Shekhar Sharma has a new property: 6,000-sq-ft residential premises worth Rs. 82cr at New Delhi's coveted Lutyens' zone, one of India's most expensive locations.

Paytm: Sale in two-wheeler category crosses Rs. 100cr

06 Apr 2017

Paytm: Sale in two-wheeler category crosses Rs. 100cr

Paytm's e-commerce platform Paytm Mall has crossed sales figures of Rs. 100 crore in the two-wheeler category, with over 3x quarter-on-quarter growth in the number of automobiles sold.

Paytm goes global: Paytm Canada

16 Mar 2017

Paytm goes global: Paytm Canada

Sources stated that Paytm has gone global, and has started Paytm Canada, to facilitate online bill payments in Canada.

Paytm to expand its travel-business after selling 10 million tickets

13 Feb 2017

Paytm to expand its travel-business after selling 10 million tickets

Online payments and e-commerce marketplace, Paytm revealed its annual Gross Merchandise Volume (GMV) to be over $500 million (approximately Rs. 3,342 crore).

Paytm growing faster than expected

09 Dec 2016

Paytm growing faster than expected

Paytm just announced the new 'App Password' feature for its android application; the feature allows users to lock their app using a PIN/password/biometrics to ensure account safety even if the phone is stolen.

Snapdeal denies reports of Alibaba's acquisition interest

04 Dec 2016

Snapdeal denies reports of Alibaba's acquisition interest

After reports sprung on China's Alibaba expressing its interest in acquiring Indian e-commerce portal Snapdeal, the Indian company denied the reports.

Alibaba's Singles' Day clocks over $5 billion in one hour

11 Nov 2016

Alibaba's Singles' Day clocks over $5 billion in one hour

Alibaba Group's 'Singles' Day', a 24-hour shopping event held annually, garnered the online retail giant over $5 billion during the first hour of the shopping spree.