It seems that Chinese billionaire investor Jack Ma is planning to expand his business interests to include women’s fashion. Mr. Ma and his Alibaba co-founder Joseph Tsai, are now eyeing a stake in Rent the Runway, a New York-based designer…
Alibaba Wants To Help US Small Businesses Sell More In China
Alibaba Group founder and Executive Chairman Jack Ma wrote an article for The Wall Street Journal in which he talked about the company’s strategy for the U.S. market. According to him, it’s “simple and clear” in that it wants to…
Alibaba Finally Files For IPO, Which Is Said To Be Largest Ever For Tech Company
As expected for quite a while, Alibaba has finally filed for its IPO, and word is that it will be the biggest one ever for a tech company. The Chinese e-commerce giant dominates mobile commerce in that country, accounting for…
Alibaba CEO Jack Ma To Leave Post
Jack Ma, founder and CEO of Chinese ecommerce powerhouse Alibaba, will soon shed his CEO title, though he will remain executive chairman, and focus on strategic direction of the company, which he founded in 1999. Ma sent a letter around…