




Jack Ma, a former English teacher, is considered one of China’s internet pioneers. He built an ecommerce empire with Alibaba and later a fintech giant Ant Group.
China has begun an investigation into suspected monopolistic activities by Alibaba, which hurt the company's Hong Kong-listed shares.
The listing is expected to be larger than oil giant Saudi Aramco's $29 billion IPO in 2019
Ant Group's listing is expected to be larger than oil giant Saudi Aramco's $29 billion IPO in 2019, which holds the current record. The shares are expected to start trading in Hong Kong and Shanghai on November 5.
“If the banks don’t change, we’ll change the banks,” Jack Ma said in 2008, decrying how hard it was for small businesses in China to borrow from government-run lenders.
Ant Group said on Monday that it plans to raise $34 billion in a listing shared between Hong Kong and Shanghai -- making it the biggest IPO in history.
The pricing for the Shanghai tranche of the initial public offering was decided on Friday, Alibaba founder Jack Ma said on Saturday, without disclosing the price.
Paytm counts China's Alibaba and Ant Financial as its major investors.
Sakhsi Batra gets in conversation with Gaurav Choudhury to find out what does this reflect about the growth in China’s e-commerce and what are the big learnings for Indian e-commerce players.
Singles' Day, also called "Double 11", is the world's biggest online sales event, outstripping the sales of U.S. shopping holidays Black Friday and Cyber Monday combined.
Ma’s suggestion to his successor will be to focus on India that is not yet saturated like China.
Ma, a former English teacher, founded Alibaba in 1999 in an apartment in the eastern city of Hangzhou to connect Chinese suppliers with foreign retailers.
Ma, a former tour guide, English teacher and self-styled "China's Forrest Gump," would remain on the company's board of directors and continue to mentor the company's management.
Republican presidential nominee Donald Trump frequently says America will "win" against China if he is elected president, and he accuses the country for currency manipulation and intellectual property theft. Democratic nominee Hillary Clinton has called out China for its "aggressive actions" in the Asia-Pacific region.
Barack Obama joked comfortably with the eccentric founder and executive chairman of Alibaba Group Holding Ltd., which is looking to make inroads into foreign markets, including the United States.
Watch Jack Ma, Founder and Executive Chairman of Alibaba Group, talk about his success story with CNBC's David Faber.
Prime Property travels to China to an apartment where Jack Ma started Alibaba.
On his first visit to India, the founder of world's biggest e-Commerce firm said Alibaba is already working with many businesses in India.
He may be the richest man in China currently, but Alibaba's founder Jack Ma was not born with a silver spoon. CNBC takes you inside the place where his journey began.