Alibaba News

Jack Ma is retiring from Alibaba. He won’t go far.

Alibaba also owns China’s biggest cloud-computing business and one of its biggest meal-delivery services and logistics networks. Overall, the company is still growing at a healthy pace.

Tearful Jack Ma bids Alibaba farewell with rock show

Ma was spotted at one point welling up with tears as staff put on skits and sang songs, prompting the topic “Jack Ma has cried” to trend on Chinese social media platform Weibo.


Watch: Alibaba's founder Jack Ma signs off with a rock-star performance at farewell concert

Toward the end of the ceremony, Jack Ma, co-founder Lucy Peng, and CEO of Alibaba's technology committee Wang Jian donned rock star-style leather jackets and wigs to perform Chinese pop songs.

Alibaba set for 'big challenge' as flamboyant chairman Jack Ma departs

The resignation plan announced by Alibaba's Jack Ma last year was perceived as unusual as it is rare for a founder of such a big and transformative tech firm to retire this early.

Alibaba founder Jack Ma's latest advice to employees: 'Sex for six days, six times'

Jack Ma, China's richest man, was speaking at the company’s mass wedding which takes place every year on ‘Ali Day’ on May 10 at the company’s headquarters in Hangzhou.

BigBasket raises another $150 mn in fresh funding

Bigbasket, which sells everything from groceries and fresh produce to pet food, competes with Inc and Walmart Inc's e-commerce unit Flipkart in many categories.


On the Loose: Burn Out

There can be a rich life outside of work

Alibaba head's remarks spark debate over China working hours

Jack Ma is one of China's richest men and his comments last week brought both condemnation and support as China's more mature economy enters a period of slower growth.

Ant Financial agrees to acquire UK-based currency exchange WorldFirst

Ant Financial ran into problems when its plan to purchase MoneyGram, a U.S. based money remittance provider.

At Alibaba's futuristic hotel, robots deliver towels and mix cocktails

At the hotel's restaurant, taller capsule-shaped robots deliver food, while at a separate bar, a large robotic arm can mix more than 20 different types of cocktails. Facial recognition cameras add charges to the room rate automatically.