Showing 11 - 20 of 439
Alibaba to split into six units
Published on 28/03/2023
» Alibaba Group Holding Ltd has announced plans to split its $220-billion business into six main units encompassing e-commerce, media and the cloud, each of which will explore fundraising or an initial public offering (IPO) when the time is right.
Alibaba founder Jack Ma returns to mainland China to visit school in Hangzhou
South China Morning Post, Published on 27/03/2023
» Jack Ma, the founder of Alibaba Group Holding, returned to mainland China recently after more than a year of overseas travel, and visited a school he founded in the city of Hangzhou, the hometown of Alibaba, according to sources familiar with his schedule.
China banking tycoon Bao Fan 'cooperating with investigation'
AFP, Published on 27/02/2023
» BEIJING - Chinese billionaire Bao Fan is "cooperating in an investigation" by authorities, his company said, almost two weeks after his disappearance sparked fears of a renewed crackdown on the nation's financial services industry.
Sabuy aims to capture society’s basic needs
Business, Komsan Tortermvasana, Published on 11/02/2023
» Founded as a top-up machine operator in 2015, Sabuy Technology Plc has shifted focus to a commerce lifestyle platform provider, aiming to become an infrastructure operator in that sector regionally by next year.
Mega-rich from China seek refuge in Singapore
Published on 04/02/2023
» SINGAPORE: Singapore is seeing an influx of ultra-wealthy families from China looking to protect their wealth from a Communist Party that increasingly views them with suspicion.
Billionaire Jack Ma chills in Bangkok
Published on 07/01/2023
» Billionaire Alibaba founder Jack Ma has been chilling in Bangkok this week amid reports that he is taking more steps to scale back his personal involvement with his online empire.
Alibaba's free trade hub in Thailand begins trial operation
Published on 13/12/2022
» A free-trade-zone project in Thailand, launched in 2018 by Alibaba Group Holding while company founder Jack Ma was still CEO, has finally started trial operation.
Jack Ma reported living in Japan after China tech crackdown
AFP, Published on 30/11/2022
» TOKYO: Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources.
Equities pause as market takes stock of Covid cases
Business, Published on 26/11/2022
» RECAP: Asian equities fell yesterday in subdued activity after the Thanksgiving holiday in the US. Chinese shares led declines as investors weighed recent gains against an upswing in Covid-19 infections, which reached a new single-day high above 30,000 infections.
China's Singles Day shopping spree enters final stretch
AFP, Published on 11/11/2022
» BEIJING - China's Singles Day shopping bonanza entered its final stretch Friday, with all eyes on whether sales can top a record one trillion yuan ($140 billion) despite the country's struggling economy.