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Alibaba Group founder Jack Ma. Photo: BloombergMa’s businesses have already sourced and donated supplies to other countries being hit by the virus, including Japan, Korea, Italy, Iran and Spain The donation comes amid testing delays across the US as officials scramble amid a shortage of lab materials Topic |   Coronavirus outbreakPublished:…

REUTERS/Lucy NicholsonJack Ma, Executive Chairman of Alibaba Group, speaks at the WSJD Live conference in Laguna Beach, California October 27, 2014. On Friday, Jack Ma, the billionaire founder of Chinese e-commerce giant Alibaba, pledged to donate 500,000 testing kits for the novel coronavirus and one million medical face masks to…

Chinese billionaire businessman Jack Ma on Friday offered the United States 500,000 coronavirus test kits and a million masks, as the country faces a shortage of kits for diagnosing the potentially deadly disease.In a statement on Twitter, the founder of e-commerce giant Alibaba said, "drawing from my own country's experience,…

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…