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Meet the new CEO of Alibaba

The leadership shake-up comes months after Alibaba, which is the third-most valuable company in Chi…

Lina Batarags   


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3 mins read

Masayoshi Son made $72 billion betting on Jack Ma's Alibaba. Now he wants to do it again with AI.

More than two decades on from his first bet on Alibaba, SoftBank CEO Masayoshi Son is ready to go a…

Hasan Chowdhury   


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2 mins read

Alibaba's stock dropped so much that Jack Ma reversed a plan to sell shares for his other investments

Jack Ma's family office was set to sell 10 million Alibaba shares this week to invest in agricultur…

Huileng Tan   


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Alibaba showcases its ChatGPT-style service

Alibaba showed off its version to the ChatGPT craze demonstrating new software that it plans to eve…

ANI   


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A fourth Chinese billionaire founder-CEO has stepped down as Beijing keeps up the pressure on its tech giants

E-commerce giant JD.com's founder Richard Liu is the latest to leave a tech leadership role in Chin…

Weilun Soon   


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SoftBank's billionaire CEO, who believes AI will completely change the way humans live within 30 years, says he can't stop using ChatGPT

Masayoshi Son said he talked to ChatGPT daily as the Japanese conglomerate battles to get ahead in …

Hasan Chowdhury   


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Alibaba jumps 5% after billionaire Jack Ma appeared in a 50-second videoclip after weeks of laying low

The billionaire, who is a former English teacher, seemed to embrace themes promoted by China's Comm…

Shalini Nagarajan   


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Kwan Wei Kevin Tan   


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Alibaba fired a female employee who accused a former supervisor and a client of sexual assault: report

The employee released an 11-page document outlining the sexual assault allegations over the company…

Huileng Tan   


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Jack Ma is set become the world's 11th-richest person on Ant Group's IPO, leapfrogging heirs to L'Oreal and Walmart with his $71.1 billion fortune

Jack Ma's fortune rose by an estimated $27 billion following share pricing for Ant Group's November…

Grace Dean   


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3 mins read

China’s economy is sweating, how is Alibaba’s CEO so relaxed?

The entire world is stressing about the unfolding trade war between China and US. But one man, …

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2 mins read

Alibaba's bizarre annual traditional of holding a mass wedding ceremony for its employees continued this year — without founder Jack Ma

This is the 17th year the company has held the group wedding. In order to take part, at least one m…

Weilun Soon   


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7 mins read

Billionaire investor Charlie Munger blasts traders, slams crypto, and rings the inflation alarm at Daily Journal's annual meeting

Warren Buffett's business partner discussed rampant market speculation, investing in China, and sev…

Theron Mohamed   


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4 mins read

Republican Sen. Tommy Tuberville, a China critic, just quietly dumped his investments in Communist Party-tied Alibaba Group

The Alabama politico, who previously violated federal stock trading rules, has staunchly defended l…

Dave Levinthal   


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2 mins read

Airbnb and DoorDash's post-IPO stock pops represent an 'epic level of incompetency,' says a former banker who led one of the world's largest IPOs ever

Imran Khan told CNBC on Tuesday recent post-IPO stock pops represent an "epic level of incompetency…

Emily Graffeo   


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1 min read

One Chinese billionaire has lost $27 billion in personal wealth during Beijing's tech crackdown

Six of the 10 billionaires who have lost the most wealth this year are Chinese business figures, in…

Ethan Wu   


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Salesforce CEO Marc Benioff created a ragtag corporate alliance to source 50 million pieces of medical gear in 10 days

The billionaire's team roped in Alibaba, FedEx, Walmart, and Uber to find and deliver masks and gow…

Theron Mohamed   


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A longtime Alibaba exec and former special assistant to Jack Ma gives a behind-the-scenes look at the company's meteoric rise in a new book

In "The Tao of Alibaba," Brian A. Wong explains Jack Ma's management philosophy and how it helped A…

Jonathan A. Knee   


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Katie Canales   


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An Indian court has summoned Jack Ma for wrongfully firing an Indian employee

An Indian court has summoned Alibaba's founder Jack Ma after a former employee in India complained…