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· Ryan General
Billionaire Alibaba founder Jack Ma launches new food business, ‘Ma’s Kitchen’
Ma’s Kitchen adds to a series of ventures in agriculture and education in the country, aligning well with the Communist Party’s “common prosperity” initiative
· Bryan Ke
China hits Jack Ma’s Ant Group with nearly $1 billion fine
China’s central bank has reportedly slapped technology provider Ant Group, which Chinese billionaire Jack Ma founded in 2014, with a 7.12 billion yuan (approximately $997 million) fine. Latest development: The fine, issued on July 7, is seen as the end of a years-long crackdown…
· Michelle De Pacina
Chinese billionaire Jack Ma joins Tokyo College as visiting professor
Chinese billionaire Jack Ma has accepted an invititation to become a visiting professor at Tokyo College, a new research institute run by the University of Tokyo in Japan. On Monday, the university announced that Ma will “share his rich experience and pioneering knowledge on…
· Michelle De Pacina
Jack Ma spotted in Thailand just before Ant Group announced he would give up control
Before you read: Founder Jack Ma to give up control of fintech giant Ant Group Jack Ma resigns from influential China business group months after moving to Japan Chinese billionaire Jack Ma was spotted in Thailand shortly before Ant Group, the financial tech giant he founded,…
· Michelle De Pacina
Founder Jack Ma to give up control of fintech giant Ant Group
Billionaire entrepreneur Jack Ma will be relinquishing control of the financial tech company he founded in 2014, Ant Group. As a way to optimize the company’s corporate governance and achieve long-term sustainable development, Ant Group agreed to implement several adjustments,…
· Ryan General
Jack Ma resigns from influential China business group months after moving to Japan
Chinese billionaire Jack Ma has resigned as president of the General Association of Zhejiang Entrepreneurs, an influential business group he founded in 2015. Under Ma’s leadership, the influential group has been instrumental in helping a number of entrepreneurs from the province…
· Editorial Staff
Jack Ma Appears for the First Time in Months in Short Video, Alibaba Shares Jump 5%
Alibaba Group founder Jack Ma has made his first public appearance of 2021, resulting in a 5% jump in Alibaba shares, after more than two months of laying low. A brief appearance: During an online conference on Jan. 20, the billionaire appeared in a 50-second video to address…
· Carl Samson
Jack Ma is NOT Missing But ‘Laying Low’, Sources Say
Alibaba founder Jack Ma is reportedly “laying low” after suspicions that he has been missing came to light as Chinese regulators continue to crack down on his ever-growing business empire. The 56-year-old billionaire, who recently slipped to China’s third-richest, was last seen…
· Carl Samson
Jack Ma Donates 1 Million Face Masks and 500,000 Coronavirus Test Kits to the US
Jack Ma has announced his plan to donate one million face masks and 500,000 coronavirus test kits to the U.S., which has now confirmed more than 1,600 cases of COVID-19. The news, which emerged on Friday through Weibo, comes just after Chinese officials expressed suspicion that…
· Bryan Ke
Jack Ma Donates 1 Million Face Masks to Japan
Alibaba co-founder Jack Ma has donated 1 million face masks to Japan through his foundation after the country generously helped China deal with the 2019 novel coronavirus (COVID-19) outbreak. The donation was made by the Jack Ma Foundation and Alibaba Foundation on Monday to…
· Bryan Ke
Alibaba Founder Jack Ma Donates $14 Million to Develop Coronavirus Vaccine
Jack Ma, the co-founder of Alibaba, reportedly donated 100 million yuan ($14.4 million) to help scientists develop a cure for the novel coronavirus (2019-nCoV) that has claimed 170 lives in China. The 55-year-old entrepreneur donated through the Jack Ma Foundation, designating…
· Bryan Ke
Manny Pacquiao Hung Out With Jack Ma and Facetimed Jet Li
The Philippine’s fighting senator and renowned boxer Manny “Pacman” Pacquiao met with Alibaba’s former CEO Jack Ma for the second time this year and FaceTimed with martial artist Jet Li. The meet up happened on October 26 at a Chinese restaurant in Hangzhou, China where the…
· Carl Samson
Man Who is Taking Over Jack Ma’s Job Was Once Mistaken for a Janitor
In a world that can’t stop talking, a quiet man has emerged to lead one of the planet’s largest multinational companies this week — proving that there is strength in silence. Daniel Zhang, 47, is the new executive chairman of Alibaba Group, the $460 billion business Jack Ma…
· Carl Samson
Jack Ma Threw an Epic Birthday Party for 60,000 People for His Retirement
Jack Ma, China’s richest man, stepped down as chairman of the Alibaba Group on Tuesday, the small e-commerce site he built with 17 other people in 1999 which has since become the diverse $460 billion tech empire it is today. The grand farewell party, which coincided with the…
· Carl Samson
Elon Musk Faces Off With Jack Ma in Debate On the Future’s Most Dangerous Tech
Alibaba Chairman Jack Ma and Tesla CEO Elon Musk faced off for the first time at a conference in Shanghai this week, taking opposing views on the subject of artificial intelligence. While Ma highlighted his optimism about potential rewards of the technology, Musk stressed the…
· Carl Samson
Jack Ma Wants Employees to Have Sex 6 Times in 6 Days
A month after making it clear that he only wants employees who can work 12 hours a day, six days a week, Alibaba chairman Jack Ma is now encouraging married ones — especially newlyweds — to also work hard between the sheets. Presiding at a ceremony for the company’s 15th “Ali…
· Carl Samson
Jack Ma Doesn’t Think It’s Ridiculous at All For Employees to Work 12 Hours a Day
Chinese billionaire Jack Ma has no interest in working with “lazy” people. In a Weibo post on Friday, the Alibaba chairman made it perfectly clear that his company only welcomes workers who are willing to clock in 12 hours a day, six days a week — a 9 a.m. to 9 p.m. shift…
· Carl Samson
Jet Li is Starting to Look Like Himself Again Posing Next to Jack Ma at Alibaba Event
Jet Li appeared to be in much better health at a recent awards ceremony in southern China. Diagnosed with hyperthyroidism, the martial arts legend worried fans when he looked frail in a photo that went viral last year.
· Bryan Ke
Grocery Store Owner Becomes Internet Celebrity for Looking Like Jack Ma
A grocery store owner in Zhejiang province, China saw a massive boom in his business after he went viral for his uncanny resemblance to Alibaba’s co-founder Jack Ma. Wu Xuelin, who now has over 1.35 million followers on his Chinese social media accounts, goes by the online…
· Ryan General
Billionaire Jack Ma ‘Accidentally’ Revealed to Be a Member of China’s Communist Party
Alibaba founder Jack Ma was revealed to be a member of the Communist Party of China by People’s Daily, the party’s official mouthpiece. Interestingly, however, while most of the Western media widely covered the disclosure as a shocking revelation, many observers in China were…