Alibaba

SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N) has demoted Jiang Fan, one of its most senior executives, after an internal investigation into allegations of improper behaviour, according to a person familiar with the matter. FILE PHOTO: Alibaba Group's Taobao and Tmall president Jiang Fan attends the…

Following the ₹43,574-crore Facebook-Jio Platforms deal, billionaire Mukesh Ambani has clawed back his position as Asia’s richest man, a position he lost to Chinese technology giant Alibaba founder Jack Ma in March.In January this year, Mukesh Ambani’s net worth stood at $67 billion, making him the richest Asian, while that…

( Tomdispatch.com ) – Historically, in hyper-crises, local and global systems can change fundamentally. Before the coronavirus pandemic hit first China and then the rest of the globe, the question of whether the American imperial era might be faltering was already on the table, amid that country’s endless wars and…

Image copyright Getty Images The richest man in China opened his own Twitter account last month, in the middle of the Covid-19 outbreak. So far, every one of his posts has been devoted to his unrivalled campaign to deliver medical supplies to almost every country around the world. "One world,…

Joseph Tsai, a co-founder of Alibaba, the Chinese e-commerce giant, and owner of the Brooklyn Nets and the New York Liberty basketball teams, in New York, May 9, 2019. (Hiroko Masuike/The New York Times)HONG KONG — U.S. hospitals and state officials face desperate shortages of the masks, ventilators and other…

The African Union (AU) Commission on Wednesday commended the Chinese technology entrepreneur and philanthropist, Jack Ma, following the latest announcement of the third batch of medical supplies donated by the Jack Ma and Alibaba foundations in support of Africa's fight against the spread of COVID-19. The statement was made by…

Skip to comments. Key Questions for the World Health Organization The American Interest ^ | April 23, 2020 | JIANLI YANG & AARON RHODES Posted on 04/23/2020 2:08:36 PM PDT by CheshireTheCat ...According to the pro-Beijing South China Morning Post, owned by Jack Ma (owner of the firm Alibaba and…

(Bloomberg) -- With the pandemic battering assets and oil nosediving, Indian tycoon Mukesh Ambani needed a win to stem the investor exodus from Reliance Industries Ltd., the energy conglomerate he’s been trying to reinvent.This week, Facebook Inc. and its Chief Executive Officer Mark Zuckerberg delivered just that. The U.S. social-media…

Reliance Industries Chairman and Managing Director Mukesh Ambani is back again as the richest man in Asia, owing to the recent deal with Mark Zuckerbergs Facebook Inc. The social media behemoth has agreed to pump in $5.7 billion or Rs 43,574 crore for a 9.99… Read More

Mukesh Ambani's fortune rose about $4.7 billion to $49.2 billion on Wednesday.Mukesh Ambani is again Asia's richest person after a deal with Mark Zuckerberg's Facebook Inc. sent his conglomerate's stock surging.Ambani's fortune rose about $4.7 billion to $49.2 billion on Wednesday, after Reliance Industries Ltd. gained 10%. The jump put…