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Alibaba Founder to Retire

China Alibaba Founder to Retire News - Caixin Global

Jack Ma to step down next year as chairman of company he founded in 1999, ending an era for China's leading e-commerce company

Update: Era Ends as Alibaba Founder Jack Ma Prepares to Step Down

E-commerce giant announces CEO Daniel Zhang will take over as chairman’s title next year

MOST RECENT
02 03, 2023 13:00 PM

Weekly Must-Read: The Vision of Singapore’s Next Prime Minister

Lawrence Wong sees himself as a ‘servant leader,’ he says. ‘My role is not just to lead, but to serve my country and my fellow citizens’

02 03, 2023 10:41 AM

CX Daily: Five Things to Know About China’s Latest IPO System Overhaul

The police say a student missing for more than 100 days hanged himself. Plus, UBTech Robotics files for a Hong Kong IPO

02 02, 2023 15:03 PM

Shanghai Composite Index Ended Nearly Flat on Thursday

Shenzhen Component Index closed down 0.22%

02 02, 2023 10:46 AM

CX Daily: A Metal Tycoon’s Liquidity Woes Disrupt China’s Copper Trade

China lodges stern representations with the Czech Republic. The country’s factory activity shrinks for the sixth straight month, Caixin PMI shows

02 01, 2023 19:41 PM

Jack Ma Meeting Rumor Sends Stock of Thai Giant’s Unit Soaring

CP Group subsidiary Chia Tai Enterprises traded at HK$6.98 at one point on Wednesday, more than eightfold Monday’s opening price

02 01, 2023 09:29 AM

CX Daily: Where Do Fake Covid Drugs Come From?

The IMF raises China’s 2023 growth forecast to 5.2%. JD.com closes its e-commerce businesses in Indonesia and Thailand

01 31, 2023 09:31 AM

CX Daily: The Vision Of Singapore’s Next Prime Minister

Most Chinese provinces make expanding household spending a priority. The country’s civil aviation industry plunges deeper into the red

01 30, 2023 18:51 PM

Top Stories of the Month: The Questions Hanging Over Ant Group

Following the startling suspension of its would-be record-setting $34.5 billion IPO in November 2020, the fintech company was plunged into an extensive restructuring that has been ongoing for the past two years as regulators clamp down on misconduct in the industry

01 30, 2023 15:03 PM

Shanghai Composite Index Rose 0.14% on Monday

Shenzhen Component Index closed up 0.98%

01 28, 2023 10:30 AM

Weekend Long Read: What Jack Ma Taught Me in 1999

When Brian Wong first met Alibaba’s co-founder, the company was little more than a logo-less listing of products online. That didn’t stop Ma from selling him on joining up

01 28, 2023 06:14 AM

Fidelity Cuts Ant Group Valuation by 9% More to $64 Billion

Fintech giant’s worth was estimated at $235 billion before Chinese authorities scuttled its planned IPO in November 2020

01 20, 2023 15:03 PM

Shanghai Composite Index Rose 0.76% on Friday

Shenzhen Component Index closed up 0.57%

01 20, 2023 11:50 AM

Weekly Must-Read: Where to Now for Alibaba in the Post-Jack Ma Era?

With Ma pulling further back from the reins of his e-commerce empire after ceding control of Ant Group, all eyes are watching to see if relations with the government can be patched up

01 19, 2023 21:02 PM

In Depth: The Questions Hanging Over Ant Group

Market watchers wonder when the fintech giant will be able to revive its IPO plans and what it will have to give up to get a financial holding company license — one of the last items on its restructuring to-do list

01 17, 2023 20:49 PM

Tech Insider: Didi Resumes Sign-Ups 18 Months After Probe, NEV Exports Hit Record

Tencent fires more than 100 employees over corruption charges, PBOC says Ant Group and 13 other platform companies have completed rectification

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