Alibaba

Source: Wang HE / Getty Alibaba Co-founder Jack Ma is pledging to donate a half million testing kits for the coronavirus to the United State and 1 million masks. The e-commerce giant’s generous gesture was announced through his charity, the Jack Ma Foundation and he says the supplies are all…

Igor Golovniov/SOPA Images/LightRocket via Getty Images It’s official: the sale of Corona beer hasn’t been impacted by its unfortunate name association. One study may have inspired a few thousand clickbait headlines about people associating it to coronavirus, but as marketing professor Mark Ritson explained in a recent column, the virus…

Reliance Industries lost nearly a third of its market valuation as oil stocks crashed globally on Monday in what is being seen as the impact of the coronavirus outbreak. As a result, RIL Chairman Mukesh Ambani lost 'Asia's richest man' tag after his wealth plunged $5.8 billion in a single…

India's Mukesh Ambani has lost his crown as Asia's richest person after the latest rout across global markets wiped almost $6 billion off his fortune, according to the Bloomberg Billionaires Index. All told, the world's 500 richest people lost $238.5bn on Monday, according to Bloomberg, the biggest daily plunge since…

Having lost $5.8 billion in net worth on Monday as Reliance Industries share price crashed on the stock exchanges, Mukesh Ambani has lost the title of Asia’s richest man to Alibaba Founder Jack Ma. Reliance Industries’ share price took a beating after oil prices dipped below $30 a barrel.According to…

By P R Sanjai Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks. The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased…

By P R Sanjai Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks. The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8…

View photos(Bloomberg) -- Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks.The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8 billion…

LUDOVIC MARIN/AFP via Getty ImagesBill and Melinda Gates head up the Gates Foundation. Billionaire philanthropist Bill Gates, Alibaba founder Jack Ma, and Hong Kong’s richest man Li Ka-Shing have collectively pledged over $US100 billion to various efforts to help alleviate the coronavirus outbreak. Depending on where and to whom they…

Jack Ma, the founder of the e-commerce empire Alibaba and a stakeholder at Alipay, is the richest man in China with an estimated net worth of $38.3 Billion. From being a famous business magnate to playing the role of investor and philanthropist, he is a self-made billionaire whose story is…