Tag: Jack Ma

Alibaba’s South China Morning Post Purchase Puts Focus On News Coverage

Chinese e-commerce boss Jack Ma is emulating America’s Amazon.com boss Jeff Bezos, who recently purchased The Washington Post, by purchasing his own media empire in Hong Kong, the South China Morning Post. Alibaba Group Holding Limited says it has entered into a definite agreement to acquire the South China Morning Post and other media assets […]

What Chilling Effect Would Alibaba’s Investment Have On Free Media?

The e-commerce giant Alibaba Group is reportedly planning a newspaper investment in Hong Kong’s South China Morning Post, according to multiple reports in Chinese local media. However, neither side has commented on or verified the news. South China Morning Post is reportedly the largest English-language newspaper in Hong Kong, with a circulation of about 110,000 […]

Possible Class Action Suit Against Alibaba For Disclosure Failures

Alibaba and its executives may feel the sting of American jurisprudence as law firms line up for possible class action lawsuits in the United States against the Chinese e-commerce company. At least five law firms so far have expressed intentions to commence class actions against Alibaba. For example, a complain from Robbins Geller Rudman & […]

Asia Society Announces First Asia Game Changer Awards

New York, USA, September 17, 2014 /ChinaNewswire.com – Xinwengao.com/ – Asia Society today announced the first-ever Asia Game Changer Awards, designed to recognize those making a transformative and positive difference for the future of Asia and the world. This year’s honorees include 13 leaders and institutions from Asia and the U.S. “Asia Society is proud … >>>

This press release has been syndicated from China Newswire – Social Media Content Marketing Press Releases For China

South Korea’s Lotte.com Inks Internet Payment Deal With China’s Alipay

Chinese third-party Internet payment company Alipay revealed that the company has reached a deal with South Korean website Lotte.com to provide a RMB payment channel to Chinese users who shop on the website. Furthermore, the products purchased on the website will be directly shipped from South Korea to China. Lotte.com and the Lotte duty free […]

Email Confirms Jack Ma’s CEO Resignation At Alibaba Group

Jack Ma, chairman of the board of directors of Alibaba Group, sent an internal company mail, stating that starting from May 10, 2013, he will no longer serve as chief executive officer of Alibaba Group and will fully focus on the work as chairman of the group.

China’s Alibaba.com May Go Private

Alibaba Group and its Hong Kong-listed unit Alibaba.com have jointly announced that Alibaba Group has proposed an offer to the board of directors of Alibaba.com to take the company private.

China’s Taobao.com Separates To Three Companies

Chinese B2B e-commerce group Alibaba has announced that to serve the customers more effectively and to ensure the competitiveness and innovation of Taobao.com, the group has decided to separate this subsidiary into three independent companies.