Jack Ma joins Alibaba's $4 billion shares buy-back

Last Updated: Monday, August 17, 2015, 23:08

Chinese e-commerce giant Alibaba's founder and chairman Jack Ma and vice chairman Joe Tsai today said they would use their own money to buy the company's shares as it began a two-year plan to buy-back shares worth USD 4 billion.

Jack Ma criticised for not helping Tianjin blast victims

Last Updated: Monday, August 17, 2015, 23:01

Jack Ma, one of China's richest men and the founder of e-commerce giant Aibaba, has come under immense pressure from netizens who criticised him for not donating money for the welfare of the victims of last week's Tianjin blasts that killed at least 114 people.

Alibaba Group to invest $1.0 bn in cloud computing

Last Updated: Wednesday, July 29, 2015, 15:41

Chinese e-commerce giant Alibaba will invest $1.0 billion in its cloud computing arm to expand its international presence, the company said Wednesday, as it looks outside its core business and beyond traditional markets.

Alibaba Group launches Internet bank

Last Updated: Thursday, June 25, 2015, 17:54

Chinese e-commerce behemoth Alibaba on Thursday launched an Internet bank aimed at serving small businesses which often struggle to obtain credit from large banks.

Alibaba and Ant Financial to invest $1 bn in mobile platform

Last Updated: Tuesday, June 23, 2015, 17:41

China's e-commerce giant Alibaba and a financial affiliate part-owned by its chairman Jack Ma will pour nearly USD 1 billion into a local services mobile platform to compete with rival Tencent.

Alibaba Group sells off US arm 11 Main

Last Updated: Tuesday, June 23, 2015, 17:24

China`s e-commerce titan Alibaba said Tuesday it is selling its US shopping subsidiary 11 Main only a year after launching it, having reportedly failed to gain traction in the market.

Alibaba's Ma, visiting New York, says not in America to compete

Last Updated: Wednesday, June 10, 2015, 09:13

Chinese e-commerce titan Alibaba Group Holding Ltd does not want to fight for U.S. market share but instead hopes to help small US businesses sell more goods in China, Executive Chairman Jack Ma said.

Alibaba has a new CEO, but it''s still Jack''s house

Last Updated: Friday, May 8, 2015, 17:32

Ma trumpeted the appointment of a fresh chief executive, Daniel Zhang.

Jack Ma meets Modi; Alibaba to help small businesses in India

Last Updated: Monday, March 30, 2015, 22:37

Looking to expand its presence in India, Chinese ecommerce giant Alibaba's Chairman Jack Ma today met Prime Minister Narendra Modi, as he came on a visit to India for the second time in just about four months.

China`s Alibaba shows off pay-with-your-face technology at German IT fair

Last Updated: Monday, March 16, 2015, 22:20

China`s Internet tycoon Jack Ma, founder of giant online merchant Alibaba, gave a glimpse of the future when he demonstrated a new e-payment system using facial recognition at the CeBIT IT fair in Germany.

Alibaba opens US data centre in new challenge to Amazon

Last Updated: Wednesday, March 4, 2015, 23:39

Chinese online giant Alibaba will open a data centre in Silicon Valley, it said Wednesday, challenging US rival Amazon in the field of cloud computing.

Alibaba will provide requested documents to Taiwan govt: Jack Ma

Last Updated: Tuesday, March 3, 2015, 17:14

Alibaba Group Holding will provide Taiwan with the information required about its business, Executive Chairman Jack Ma said on Tuesday, after the government ordered the Chinese e-commerce giant to withdraw from the island within six months.