Posted in Alibaba alibaba group AliExpress alipay asia ceo chairman China daniel zhang digital banking e-commerce economy europe food delivery Funding Fundings & Exits Getty-Images India Jack Ma mail mail.ru Mail.ru Group megafon online marketplaces Paytm Russia smartphones Social Media Southeast Asia Tech Turkey world wide web

Alibaba goes big on Russia with joint venture focused on gaming, shopping and more

Alibaba is doubling down on Russia after the Chinese e-commerce giant launched a joint venture with one of the country’s leading internet companies. Russia is…

Read Moar
Posted in Alibaba alibaba group China daniel zhang Jack Ma TC Tech

Alibaba announces CEO Daniel Zhang will succeed Jack Ma as chairman next year

Following speculation about Jack Ma’s imminent retirement, Alibaba Group announced today that its CEO, Daniel Zhang, will succeed Ma as chairman next year. After stepping…

Read Moar
Posted in Alibaba alibaba group asia business ceo chairman coo daniel zhang Donald Trump e-commerce eCommerce Entrepreneur internet access Jack Ma media online payments South China Morning Post Southeast Asia teacher Tech The New York Times

Jack Ma says he isn’t about to retire from Alibaba but is planning a gradual succession

Reports of Jack Ma’s impending retirement are greatly exaggerated, it seems. Ma, the co-founder and executive chairman of Alibaba, has pushed back on claims that he is on…

Read Moar
Posted in Alibaba alibaba group Ant Financial asia CFO daniel zhang earnings lucy peng

Alibaba beats forecasts with 61% growth and predicts more of the same for the next year

Alibaba is forecasting yet more growth for its business after it beat analyst forecasts with its fourth-quarter results. Revenue came in at 61.9 billion RMB…

Read Moar