EghtesadOnline: Theresa May has found an unlikely source of inspiration for her Brexit plans: Jack Ma, the charismatic billionaire founder of Alibaba Group, the Chinese e-commerce giant, and one of the world’s richest men.
EghtesadOnline: Jack Ma, who launched China’s largest e-commerce company two decades ago and rode it to a $47.6 billion fortune, turns out to have created billions of dollars of wealth for at least 10 others -- a total of almost $100 billion.
EghtesadOnline: Sam Wolf moved his family's health and wellness business online more than a decade ago. The Conshohocken, Pennsylvania-based company runs its own warehouse and sells thousands of nutrition products in dozens of countries through its own website as well as on Amazon.com Inc. and EBay Inc. But all that know-how didn't quite prepare Wolf for the experience of selling into China through Alibaba Group Holding Ltd.'s online stores.
EghtesadOnline: Jack Ma’s net worth surged $2.8 billion overnight as Alibaba Group Holding Ltd. forecast sales growth that topped every analyst’s estimate, despite China’s decelerating economy.
EghtesadOnline: China’s wealthiest man, Jack Ma, has locked horns with the country’s fourth-richest in an escalating dispute over the lucrative business of shipping Alibaba’s parcels to millions of shoppers nationwide.
EghtesadOnline: Alibaba Group Holding Ltd. Chairman Jack Ma said society should prepare for decades of pain as the internet disrupts the economy.
EghtesadOnline: Chinese billionaire Jack Ma’s latest U.S. expansion plan is facing rising political obstacles.
EghtesadOnline: Jack Ma talked the talk when he met Donald Trump this month, promising to create a million jobs in the U.S. by linking small businesses with Chinese online buyers. Now Michael Evans has to walk the walk.