Jack Ma Archives - Page 4 of 5

Alibaba’s Cainiao Network to Open Five New Global Hubs in Asia, Europe and Middle East

On May 31 at the 2018 Global Smart Logistics Summit hosted by Cainiao Network Technology Co., Ltd., the logistics affiliate of Alibaba Group Holding Limited showcased its new technologies and unveiled plans to expand its global network by opening five new hubs around the world.

$14.3 Billion in 2017, China Pushes Globalization with Cross-Border E-Commerce

China Customs recently announced that in 2017, the cross-border e-commerce industry in China grew 80.6% year-over-year to reach US$14.3 billion in turnover. This is the third consecutive year that the industry grew at an annual rate of over 50%.

Things the Indian eCommerce Industry Needs to Learn From Jack Ma & Alibaba

E-Commerce is providing a promising platform to sell most of the niche products. It gives varied shopping choices for the customer, educates the customer on product features, and provides a better reach for both small retailers and big manufacturers. It takes the business to the next level by bridging the gap between consumers and producers, […]

Alibaba’s Worst Nightmare: Pinduoduo Becoming the No.1 E-commerce App in China

Have you ever used Pinduoduo? There is a wide variety of e-commerce start-ups in China, but why is Pinduoduo suddenly so popular ? SEE ALSO: Go For the WeChat Gold: E-commerce Business Increases 20 times In One Year? It is because it has a large user base? Public data show that Pinduoduo has already attracted […]

Alibaba Jack Ma’s Promise of 1 Million U.S. Jobs Now in Jeopardy

During the 2018 annual conference of the Boao Forum for Asia (BFA), Jack Ma said that if China-U.S. economic and trade relations deteriorate, the promise he made last year during a meeting with U.S. President Donald Trump to create a million jobs in the United States will become null and void.

Jack Ma, IOC President Thomas Bach Say Beijing Winter Games May Use Facial Recognition

Alibaba Chairman Jack Ma spoke at the Winter Olympics in South Korea on February 10. Over the last four days, Jack Ma traveled twice between South Korea and China to meet with IOC President Thomas Bach. Ma spoke at the First Global Cross-border E-Commerce Conference, offering insights into cloud computing and cross-border e-commerce.

British PM Mentions Alibaba 3X in 10-Minute Speech: Unlimited Cooperation

“We have just reached a consensus with Alibaba to develop Wuxi Town. And there is unlimited potential for cooperation between the two sides,” May said in her speech.

Alibaba: Average Daily Tax Exceeds 100M Yuan in 2017, Creates 33M Jobs

Alibaba recently released its 2017 data related to social responsibility. During 2017, Alibaba paid more than 100 million yuan per day in taxes, drove more than 290 billion yuan in tax payments through upstream and downstream companies and created 33 million jobs.

Alibaba Develops Autonomous Driving: Champions of Three Tasks

Alibaba appeared on the road scenario segmentation list of the world’s largest autonomous driving computer vision algorithm KITTI on January 14.

Chinese Capital Mergers with US Companies Fall 80%, Ant Financial Halts MoneyGram Acquisition

MoneyGram International and Ant Financial announced they had formally terminated their planned merger on January 3. Ant Financial will pay MoneyGram $30 million as a cancellation fee.

Alipay Unveils Annual Report for Wallet-Free Chinese Users

Mobile payments accounted for 82 percent of all payments on the Alipay platform in 2017, according to an Alipay report published on January 2. Many people in China are going wallet free and using digital payment for their transactions.

Jack Ma and Hupan University: Cultivating the Next Generation of Chinese Entreprenuers Through Failure Education

“Education is the most powerful weapon which you can use to change the world.” -Nelson Mandela

Tencent Sets its Sights on Order as it Turns 20

At the annual staff meeting on December 15, Tencent chairman and CEO Pony Ma, President Martin Lau, COO Ren Yuxin and Senior VP Zhang Xiaolong spoke about the company’s performance and the year ahead.

Pony Ma: ‘Too Much Competition With Jack is Annoying’

“Jack Ma and I have known each other for many years, since the time when we were still underdogs. Now our competition is omnipresent in the Internet industry.”

Jack Ma: Embrace Technology to Solve Problems Instead of Fearing Machines

Humans understood less than 10 percent of their own brains, and it will be a long time before machines can surpass man. That was Alibaba Group Chairman Jack Ma’s message at the opening of the 4th World Internet Conference on December 3.

Pony Ma and Jack Ma Not Business Gods, Bolstered by an Era of Big Enterprises

2017 will be a milestone in the history of Chinese companies. In April, Tencent ranked among the Top 10 companies in the world by market value. In June, Alibaba joined it in the Top 10, and within a few days surged to seventh place. On November 21, Tencent’s market value grew to $520 billion, passing […]

4th World Internet Conference Begins in Wuzhen Next Month

The fourth World Internet Conference will be held in Wuzhen, Zhejiang Province from December 3 to 5, the State Council Information Office said. The session’s theme is “Develop Digital Economy and Promote Opening and Sharing – Jointly Build a Community of Shared Future in Cyberspace.”

Singles’ Day Turns into Math Class as Alibaba, JD.com Argue

This year’s Singles’ Day is just over, but Alibaba and JD.com are already fighting about how to calculate and record who had the most transactions.

China’s Home-sharing Platform Xiaozhu Completed $120 million E-round Financing

Xiaozhu announced it raised $120 million during its E-round financing on November 1. YF Capital led the round, and existing shareholders, such as JOY Capital, Morningside Venture Capital and Capital Today, increased their stake. TH Capital is Xiaozhu’s only financial adviser.

Jack Ma: They Have Gone, but They Left Us an Era!

Lu Guanqiu, a famous Zhejiang Province businessman and Chairman of Wanxiang Group, passed away. Jack Ma, the founder of Alibaba, wrote memorial essay in his business trip and we shared the article in the first time.

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