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Page 9 - Jack Ma

Jack Ma's Ant Financial plans dual IPO, targets $225 bn valuation: Report

The share sales could raise about $30 billion in total if markets are favorable, said one of the people

Jack Ma's Ant Financial plans dual IPO, targets $225 bn valuation: Report
Updated On : 21 Aug 2020 | 9:48 AM IST

Jack Ma's Ant group plans to create a new consumer finance company

Ant is working with Nanyang Commercial Bank Ltd., China TransInfo Technology Corp. and Contemporary Amperex Technology Co. to build a consumer finance platform

Jack Ma's Ant group plans to create a new consumer finance company
Updated On : 19 Aug 2020 | 2:45 AM IST

The curious case of Jack Ma's India plans

Mr Ma, who has now stepped down as the executive chairman of Alibaba, told Mr Modi, 'We are excited about India. We are excited about Make in India and Digital India'

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Updated On : 12 Aug 2020 | 1:32 AM IST

Alibaba, Jack Ma summoned by Gurugram court on former employee's complaint

The judge seeks written responses from the company and its executives within 30 days

Alibaba, Jack Ma summoned by Gurugram court on former employee's complaint
Updated On : 26 Jul 2020 | 11:18 AM IST

Jack Ma's Ant seeks $200 billion value in landmark dual IPO: Report

Ant is planning to list on Shanghai's STAR market & Hong Kong

Jack Ma's Ant seeks $200 billion value in landmark dual IPO: Report
Updated On : 21 Jul 2020 | 1:31 AM IST

SoftBank Group founder Masayoshi Son and Alibaba's Jack Ma part ways

"It's not like we had a fight," Son said during the virtual shareholder meeting. "This was perfectly amicable."

SoftBank Group founder Masayoshi Son and Alibaba's Jack Ma part ways
Updated On : 26 Jun 2020 | 2:21 AM IST

SoftBank's Son leaves Alibaba board following Jack Ma's departure

SoftBank is a major investor in Alibaba and Son joined Alibaba's board in 2005. Ma joined the SoftBank board in 2007

SoftBank's Son leaves Alibaba board following Jack Ma's departure
Updated On : 25 Jun 2020 | 6:42 PM IST

Masayoshi Son defends investment choices, says SoftBank is not 'SoftPunku'

Sprint, which Son loaded up with debt and made repeated attempts to merge with T-Mobile before successfully closing the deal in April, has delivered an internal rate of return of 25%, Son said

Masayoshi Son defends investment choices, says SoftBank is not 'SoftPunku'
Updated On : 25 Jun 2020 | 1:21 PM IST

Mukesh Ambani now 9th richest globally; RIL's m-cap crosses Rs 11-trn mark

In March 2020, Ambani was ranked 21st on Forbes' annual billionaire list, with a net worth of $36.8 billion, while Page and Brin were 13th and 14th.

Mukesh Ambani now 9th richest globally; RIL's m-cap crosses Rs 11-trn mark
Updated On : 20 Jun 2020 | 1:50 AM IST

SoftBank Vision Fund posts $17.7 billion loss on WeWork, Uber Technologies

Takes hit after writing down the value of investments in WeWork, Uber and others; plans to double buybacks

SoftBank Vision Fund posts $17.7 billion loss on WeWork, Uber Technologies
Updated On : 18 May 2020 | 11:40 PM IST

Alibaba's Jack Ma resigns; SoftBank proposes three new board members

The departure of Ma, who retired as Alibaba's executive chairman in September, comes as he pulls back from formal business roles to focus on philanthropy

Alibaba's Jack Ma resigns; SoftBank proposes three new board members
Updated On : 18 May 2020 | 8:35 AM IST

World coronavirus dispatch: No lockdown exit strategy in sight in the UK

From governors in the US weighing reopening of states, to Asia struggles with its lockdowns, and the challenges of post-Covid-19 care - read these and more in today's world dispatch

World coronavirus dispatch: No lockdown exit strategy in sight in the UK
Updated On : 27 Apr 2020 | 6:29 AM IST

Jack Ma's Alibaba foundation donates medical, testing kits to India

Besides India, the medical supplies will be donated to Azerbaijan, Bhutan, Kazakhstan, Kyrgyzstan, Uzbekistan and Vietnam

Jack Ma's Alibaba foundation donates medical, testing kits to India
Updated On : 29 Mar 2020 | 5:56 PM IST

More African countries confirm first virus cases as Jack Ma pledges aid

Thirty African countries - more than half the continent - are now treating nearly 400 patients with coronavirus, after Tanzania, Liberia, Benin and Somalia said they registered their first cases

More African countries confirm first virus cases as Jack Ma pledges aid
Updated On : 17 Mar 2020 | 3:14 AM IST

Alibaba's Jack Ma joins Twitter with first tweet on mask donation to US

Ma had previously announced on his Weibo account that he would donate 100 million yuan ($14.5 million) through his foundation to support medical research efforts

Alibaba's Jack Ma joins Twitter with first tweet on mask donation to US
Updated On : 16 Mar 2020 | 9:59 PM IST

Jack Ma's Alipay steps up competition with WeChat to win merchants

The move escalates the competition between Alipay and WeChat, the super app owned by Asia's second-largest company and Jack Ma's rival billionaire Pony Ma

Jack Ma's Alipay steps up competition with WeChat to win merchants
Updated On : 10 Mar 2020 | 10:03 PM IST

Mukesh Ambani lost Asia wealth crown to Jack Ma in $5.8-billion rout

Jack Ma, the Alibaba Group Holding founder, who ceded the No. 1 ranking in mid-2018, is back on top with a $44.5 billion fortune, about $2.6 billion more than Ambani

Mukesh Ambani lost Asia wealth crown to Jack Ma in $5.8-billion rout
Updated On : 10 Mar 2020 | 9:59 PM IST

Mukesh Ambani no more Asia's richest man as recent oil slide erodes wealth

According to the Bloomberg Billionaires Index, Chinese billionaire Jack Ma, the founder of e-commerce major Alibaba Group has toppled Ambani to get the top spot in Asia

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Updated On : 10 Mar 2020 | 3:19 PM IST

China's richest man Jack Ma pledges $2 million to find cure for coronavius

The researcher will lead in setting project objectives, conducting research and tracking results, said a source of the foundation based in Hangzhou, Zhejiang province

China's richest man Jack Ma pledges $2 million to find cure for coronavius
Updated On : 21 Feb 2020 | 8:57 PM IST

Amazon takes cue from Alibaba's India playbook to beat Reliance, Flipkart

Amazon is also going to invest a large chunk of the capital to build the supply chain for its grocery and food category.

Amazon takes cue from Alibaba's India playbook to beat Reliance, Flipkart
Updated On : 27 Jan 2020 | 9:48 PM IST