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Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Business

Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods

Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link

China's Ant Group Slapped With Nearly $1 Billion Fine
Business

China's Ant Group Slapped With Nearly $1 Billion Fine

Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer to the end of its

Jack Ma Engineered Alibaba's Breakup From Overseas
Business

Jack Ma Engineered Alibaba's Breakup From Overseas

The Chinese billionaire used his influence within Alibaba Group, the e-commerce empire he built, to orchestrate its breakup plans, people familiar with the matter said.

Jack Ma’s Life After Alibaba Takes Him to a Fish Farm, Fiji and Beyond
Business

Jack Ma’s Life After Alibaba Takes Him to a Fish Farm, Fiji and Beyond

World Asia China Outside the public eye, Chinese tech mogul studies tuna and ponders the Gobi Desert Source link

Alibaba to Split Into Six Groups and Explore IPOs
Business

Alibaba to Split Into Six Groups and Explore IPOs

The biggest structural overhaul in the Chinese tech company’s history comes a day after co-founder Jack Ma returned to mainland China. Source link

Alibaba Co-Founder Jack Ma Returns to China After a Year Away
Business

Alibaba Co-Founder Jack Ma Returns to China After a Year Away

Tech The billionaire’s trip home comes as Beijing eases up on tech crackdown that hit confidence among private businesses Source link