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Jack Ma steps down as Alibaba’s Chairman

Alibaba co-founder Jack Ma is stepping down as Chairman of the multi-billion dollar e-commerce behemoth on Tuesday as the company celebrates its 20th anniversary.Ma, who turned 55 on Tuesday, announced last year that he would retire within a year,...

Explained – What Jack Ma’s retirement means for India

That he speaks impeccable English despite being a Chinese comes from the fact that Jack Yun Ma, Co-Founder and Executive Chairman of e-commerce behemoth Alibaba, graduated from Hangzhou Teacher’s Institute with a major in English and later became a...

Alibaba CEO Zhang to succeed Jack Ma as Chairman

Chinese e-tailer Alibaba Group's Chief Executive Daniel Zhang will be the new chairman, succeeding its co-founder Jack Ma from September 10, 2019, the global firm announced on Monday."Ma will continue as the executive chairman of the company over the...

Jack Ma to step down as Alibaba chief, to pursue philanthropy

In a surprising move, China's richest man, Jack Ma, has revealed plans to step down as the Executive Chairman of e-commerce giant Alibaba on Monday to pursue philanthropy in education, paving the way for a change of guard for...

Alibaba to invest over 100bn yuan on smart logistics

Chinese e-commerce giant Alibaba Group on Friday announced that it will invest over 100 billion yuan to build a smart logistics network, aimed at improving the company's efficiency and delivery reach to customers.The announcement was made by Jack Ma,...

Chinese e-commerce giant Alibaba sets plans for Thailand

The Chinese e-commerce giant Alibaba has agreed to step up investments in Thailand.According to a PTI report: The founder of the online shopping giant, Jack Ma, met with Thailand's prime minister, Prayuth Chan-ocha, on Thursday and signed an agreement...

Jack Ma urges WTO members to adopt easier, transparent e-commerce rules

Jack Ma, the founder and executive chairman of Alibaba, urged WTO members to adopt easier and transparent rules for e-commerce so as to support small businesses and encourage them to succeed in the global marketplace. "E-commerce is future...it is the...

Alibaba set to enter Pakistan, signs MoU

Pakistan on Tuesday signed a Memorandum of Understanding (MoU with Chinese tech giant Alibaba to promote the country's worldwide exports by Small and Medium Enterprises (SMEs) through e-commerce. The agreement was signed by Pakistan's Commerce Minister Khurram Dastgir and Alibaba's...

After Paytm, Alibaba's financial arm enters US with MoneyGram

In a bid to expand online payment business in the US after a successful run in India with Paytm, Chinese e-commerce giant Alibaba's digital payments arm Ant Financial has bought global money-transfer service MoneyGram for nearly $880 million. The transaction...

Alibaba's Jack Ma shows interest in investing in Pakistan; meets PM Sharif

Chinese e-commerce giant Alibaba's Chairman Jack Ma, in a meeting with Pakistan Prime Minister Nawaz Sharif in Davos, has said that his company has a lot of interest in investing in the country. According to a ANI report: The two...
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Mango launches Barcelona-inspired Summer collection on Myntra

Mango, Europe’s leading fashion brand is known for its design, creativity, sustainability and technology New Delhi: Global fashion retailer Mango...
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