Tag Archives: Jack Ma

Saturday, 12 November 2016 SHANGHAI: Chinese shoppers unleashed a record deluge of cash online for Singles Day on Friday, Alibaba said, spending almost US$18bil (RM79bil) with the e-commerce giant in the world’s biggest online shopping promotion. Singles’ Day, named for the repeated digit 1 in the date Nov 11, was …

Friday, 11 November 2016 SHENZHEN: Chinese e-commerce giant Alibaba Group Holding said it racked up more than US$5bil (RM22bil) in transactions in the first hour of its annual ‘Singles’ Day’ sales blitz on Friday (Nov 11) – a third more than in the first hour of last year’s spree. The …

Thursday, 10 November 2016 KUALA LUMPUR: Malaysia will formulate an attractive package for the Digital Free Trade Zone to encourage more people to join the country’s e-commerce sector.   Prime Minister Datuk Seri Najib Tun Razak said the package would be worked out with Alibaba founder Jack Ma, who would …

Monday, 5 September 2016   JAKARTA/BEIJING: Indonesia has asked the chairman of China’s Alibaba Group Holding Ltd, Jack Ma, to act as adviser in the development of the South-East Asian country’s nascent e-commerce industry, according to a video released by the government.  Indonesia has the world’s fourth-largest population, boasting a …

Saturday, 22 July 2017 NAIROBI: China’s Alibaba expects its revenue to expand by 45% to 48% in its fiscal year from April as more small businesses join its online community in search of sales, executive chairman Jack Ma said on Thursday. Alibaba had revenue of US$22.99 billion in its year …

Wednesday, 19 July 2017 CHINESE business magnate Jack Ma has praised Malaysia’s strength, tenacity and speed in implementing digital projects, saying he was “shocked” by how fast the country got going. The Alibaba Group founder said what he thought was “impossible” for Malaysia to do, Malaysia came through. Ma, who …

Friday, 7 July 2017 SEPANG: Local companies need to act quickly to grab the opportunities and participate in the Kuala Lumpur International Airport (KLIA) cargo space which is currently having an exciting growth as foreign interest grows. Transport Minister, Datuk Seri Liow Tiong Lai said Alibaba Group founder Jack Ma …

Saturday, 10 June 2017 Hong Kong: Jack Ma’s net worth surged US$2.8 billion overnight as Alibaba Group Holding Ltd forecast sales growth topped every analyst’s estimate, despite China’s decelerating economy. Ma, 52, is now the richest person in Asia and 14th wealthiest in the world, according to the Bloomberg Billionaires …

Wednesday, 26 April 2017 GENEVA: Alibaba executive chairman Jack Ma said the Internet should be a utility available to the whole world, putting his weight behind a UN call for e-commerce to boost developing economies and help fight poverty. Ma, who advises the United Nations trade and development agency UNCTAD …

Friday, 24 March 2017 KUALA LUMPUR: Alibaba Group founder/executive chairman Jack Ma wants the newly-launched digital free-trade zone (DFTZ) to be a Malaysian business run by Malaysians, instead of the group. Ma said the e-hub should focus on looking for partners and empowering them. “We want to make sure that …