Jack Ma

Chinese e-commerce giant Alibaba Group Holding (NYSE: BABA) announced CFO Maggie Wu will be tasked with running the company's strategic investments unit, Reuters reported Tuesday.  What Happened Wu will take over responsibility from Executive Vice-Chairman Joe Tsai, who was demoted to...

Alibaba Group Holding Ltd (NYSE: BABA) stock was trading lower Monday following a confusing couple of days concerning iconic Alibaba founder and Executive Chairman Jack Ma’s future with the company. What Happened The New York Times reported Friday that Ma was planning to retire ...

After a rough few weeks, the cryptocurrency market was solid on Monday, with most major cryptocurrencies trading slightly higher on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market today — and which currencies were on the move. Headlines Circle...

Alibaba Group Holding Ltd (NYSE: BABA), China’s e-commerce behemoth, blew away expectations for the first quarter and left analysts wondering just how much sky is the limit. Alibaba broke out of the gate with a 7-percent spike before settling in at $166.10, up 4.3 percent at last check, after...

On the heels of a gathering designed to connect American entrepreneurs with the Chinese market, Alibaba Group Holding Ltd (NYSE: BABA) is launching an online network to pair businesses with merchants on the commerce giant’s Taobao marketplace. The Taobao Global U.S. Merchants Network will...

Alibaba Group Holding Ltd (NYSE: BABA) founder Jack Ma recently discussed the ways the world is changing and the implications for the global economy in an interview with CNBC. Over the next 30 years, technology will evolve in a way that will make millions of jobs obsolete. While the transition will...

Entrepreneurs are living through a critical time of transition in technology, business and globalization, Alibaba Group Holding Ltd (NYSE: BABA) Executive Chairman Jack Ma said Wednesday in Detroit. The companies that use the internet well in the coming years “will win,” Ma told an...

The most important factor in business is trust, Alibaba Group Holding Ltd (NYSE: BABA) Executive Chairman Jack Ma said in a conversation with journalist Charlie Rose Tuesday. The 52-year-old billionaire said he strives to hire employees who are smarter than him — and they are best managed via...

To say that Alibaba Group Holding Ltd (NYSE: BABA)’s 2018 guidance for between 45 and 49 percent revenue growth in 2018 got Wall Street’s attention would be an understatement. Not only did Alibaba’s stock initially jump more than 10 percent to new all-time highs on the news...

Gateway '17, Alibaba Group Holding Ltd (NYSE: BABA)’s first conference of this kind in the United States, opened in Detroit Tuesday with a message of globalization — and growth. The company that’s transformed the concept of retail came to the Motor City to connect small...

Whether it is justified or not, business leaders in Western countries have the freedom to exclaim their company is more powerful than nation states. But in China doing so may be viewed as crossing the red line, the most recent example being Alibaba Group Holding Ltd (NYSE: BABA)'s founder and...

Shares of Alibaba Group Holding Ltd (NYSE: BABA) soared higher by more than 11 percent early Thursday morning after the company hosted Day One of an Analyst Day presentation. Alibaba's CEO Daniel Zhang and Chief Financial Officer Maggie Wu presented investors with an update to its 2018 outlook,...

Billionaire entrepreneur and Alibaba Group Holding Ltd (NYSE: BABA) chairman Jack Ma famously cautioned earlier this year that automation will result in "much more pain than happiness" over the next three decades. The Future Of Robotics Doesn't Spell Disaster For Humanity But not all...

How many jobs will machines, automation and artificial intelligence-related technologies kill in the future? 5 percent? 10 percent? Try 50 percent. According to Chinese venture capitalist and notable technologist Kai-Fu Lee, artificial intelligence will prove to be "the decision engine that will...

Alibaba Group Holding Ltd (NYSE: BABA)'s chairman Jack Ma came out with a dire warning to society. During a speech to entrepreneurs, he said the rise of robotics and artificial intelligence technologies will create "much more pain than happiness" over the next three decades. Speaking as a guest on...