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Alibaba

Virus Outbreak Exposes $46 Billion Rift in China’s Tech Industry Alibaba

Virus Outbreak Exposes $46 Billion Rift in China’s Tech Industry

View photos(Bloomberg) -- The coronavirus epidemic is exposing the dichotomy of the world’s second largest tech economy. Chinese businesses like Alibaba and Meituan with outsized footprints in the material world are rushing to contain the fallout while virtual denizens ByteDance Inc. and Tencent Holdings Ltd. ride a surge in social…
bubmag
February 23, 2020
Alibaba co-founder Jack Ma teams up with Columbia University to find cure for COVID-19 Alibaba

Alibaba co-founder Jack Ma teams up with Columbia University to find cure for COVID-19

China's tech billionaire Jack Ma has pledged over USD 2 million to support the development of antiviral drugs to combat the new coronavirus which has killed 2,236 people in the country and infected more than 75,000 others.The World Health Organization (WHO) has declared the epidemic as a public health emergency.In…
bubmag
February 21, 2020
Blackstone’s builder Alibaba

Blackstone’s builder

The Inside the Mind of the CEO interview series explores a wide range of critical decisions faced by chief executives around the world. For more insight, see PwC’s CEO Survey. This interview was conducted in January 2020 by Daniel Gross, executive editor of strategy+business, together with Neil Dhar, financial services industry…
bubmag
February 17, 2020