Jack Ma

Jack Ma, the billionaire founder of Alibaba Group Holding Ltd (NYSE: BABA), is looking to bring the growing trend of roboadvisors to Chinese consumers. Yunfeng Financial Group, a financial services company that is backed by Ma, created a roboadvisor application that can manage wealth for Chinese...

Alibaba Group Holding Ltd (NYSE: BABA) has been in the news recently, thanks to its stellar December quarter results. The third-quarter results revealed that it has a cash hoard, with $4.9 billion in non-GAAP free cash flow and $5.4 billion in operating cash flow. The rich cash flow position...

Moneygram International Inc (NASDAQ: MGI) shares are up 9.0 percent on Thursday after Alibaba Group Holding Ltd (NYSE: BABA) payment affiliate Ant Financial agreed to purchase MoneyGram for $880 million. The merger is the latest step in Alibaba’s international expansion efforts. According to...

Amazon.com, Inc. (NASDAQ: AMZN) announced Thursday it plans to create 100,000 new jobs in the next 18 months. Despite no indication from Amazon that the decision had anything to do with his proposed policies, President-elect Donald Trump has taken credit for the announcement. “The...

Amazon.com, Inc. (NASDAQ: AMZN) announced on Thursday it will be creating 100,000 new full-time jobs in the United States over the next 18 months. According to a Bloomberg report, Amazon will be hiring people across the country with various levels of skills, experience and education. Among the...

Jack Ma, the founder and executive chairman of Alibaba Group Holding Ltd (NYSE: BABA), met with President-elect Donald Trump on Monday to discuss the ecommerce giant's potential plans to expand to North America. According to Fortune, Ma said his company could end up hiring one million...

Alibaba Group Holding Ltd (NYSE: BABA) shares were seen trading higher by $0.90 at $94.79 in Monday's session. A pair of catalysts are accounting for the rally into the mid-$95 handle. The primary catalyst is the announcement that Alibaba's Jack Ma has met with a President-elect Donald Trump...

Bill Gates, Jeff Bezos, Jack Ma and a handful of other investors are collectively launching a new $1 billion green energy fund. Needless to say, investments in green technology is a fantastic contribution to the planet and for future generations. But just how "green" are these executives? Gates...

Even as the Street is coming to terms with the relinquishing of office by Howard Schultz, CEO of Starbucks Corporation (NASDAQ: SBUX), reports of another high profile departure have begun doing the rounds. A report filed by the Nikkei Asian Review showed that Ma intends to quit as chairman of...

Retailers adopt different strategies and marketing gimmicks to draw consumers out of their shells, especially amid the fluid economic environment, and force them into splurging on good and services they not only need but also want. Designating days for focused shopping, when retailers allure...

Alibaba Group Holding Ltd (NYSE: BABA) founder and Chairman Jack Ma wants to create an online platform that links smaller businesses, farmers and individuals with clients across the world. According to Asia Nikkei Review, Ma is pushing for the creation of an Electronic World Trade Platform. He...

Alipapay's parent company, Ant Financial, was valued at around $60 billion back in April when it raised $4.5 billion. According to a Bloomberg report, Ant Financial's valuation has since risen to $75 billion, which would make the relatively unknown financial firm more valuable than one of the most...

Alibaba Group Holding Ltd (NYSE: BABA) Chairman Jack Ma reiterated in a Wall Street Journal article that fakes have no place on his e-commerce platform and said his comment that counterfeit goods were better than originals was taken out of context. Last week, during a speech at Alibaba...

In this corner, we have Shari Redstone, who Wednesday the NY Post reported has been in contact with Alibaba Group Holding Ltd (NYSE: BABA) founder Jack Ma in connection with the sale of Paramount Pictures, a holding of Viacom, Inc. (NASDAQ: VIAB). Related Link: What's Going On With CBS, Viacom And...