Jack Ma
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Jack Ma

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Jack Ma
Jack Ma
Jack Ma Yun, born in 1964, is a famous Chinese Internet entrepreneur and founder of Alibaba, Taobao and Alipay, three of China's leading e-commerce firms.
Born
10 Sep 1964
Industry
Technology, Business
Job Title
Businessman
InnoStar headquarters in Shanghai. Photo: InnoStar
Semiconductors

Jack Ma-backed YF Capital takes stake in Shanghai memory chipmaker InnoStar

A YF Capital affiliate has taken a 2.1 per cent stake in InnoStar Semiconductor, making it the chipmaker’s 14th largest shareholder.

Hong Kong property

2 Deep Water Bay homes sold for US$283 million in biggest deal in years

China-Africa relations

Entrepreneurs vie for Africa’s Business Heroes titles in start-up bonanza

Artificial intelligence

Alibaba names AI-lab leader Zhou Jingren as new group partner

He will join the 17-member Alibaba Partnership, which steers the company’s course and includes co-founders Jack Ma and Joe Tsai.

Alibaba’s Zhou Jingren speaks during a summit in Hong Kong on November 13, 2023. Photo: May Tse
Hong Kong’s Tai Po fire tragedy

Editorial | Community effort needed to help survivors and those who lost loved ones in fire

Along with support from Beijing and the local government, all Hongkongers must quickly unite and help in any way they can.

Alibaba

Jack Ma Foundation pledges US$4 million for Hong Kong fire victims

The foundation extends its condolences to the victims’ families and praises the bravery of the firefighters and emergency personnel.

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Artificial intelligence

Ant Group’s vibe coding app hits 1 million downloads in just 4 days

LingGuang, an AI app that generates custom software applications, sees a surge in popularity.

Ant Group’s logo seen at the fintech giant’s headquarters in Hangzhou, in eastern Zhejiang province. Photo: Shutterstock
Ant Group

Alibaba founder Jack Ma visits Ant Group as fintech giant ramps up AI efforts

Ma’s visit marks almost a year since he publicly endorsed Ant Group’s AI initiatives during the firm’s 20th anniversary.

Alibaba

‘Extreme fear’: bitcoin crash hits Hong Kong-listed firms tied to digital assets

Bitcoin dives below US$90,000, impacting firms that had boosted their shares by rolling out various digital asset strategies.

Ant Group

Ant Group affiliate OceanBase uses Hong Kong as hub to challenge Oracle

Oracle remains the world’s top database provider, but OceanBase has an infrastructure better suited for AI workloads, CEO says.

OceanBase CEO Evan Yang announces the company’s global expansion plans at its office in Hong Kong on Thursday. Photo: Xinmei Shen
Alibaba

Apple’s iPhone and beauty products lead the charge in record-breaking Singles’ Day

Sales on Taobao and Tmall have already surpassed last year’s levels, underscoring a tentative recovery in domestic consumption.

Beauty products remained one of the strongest categories, with eight brands each surpassing 100 million yuan in sales within the first 10 minutes. Photo: Shutterstock
E-commerce

Alibaba banks on AI to boost Singles’ Day sales on Taobao, Tmall

First large-scale use of AI in search and recommendation engines is part of aim to deliver ‘comprehensive consumption platform’.

Fintech

Jack Ma-backed Yunfeng names ex-Ant Group executive as top Web3 architect

Yunfeng’s appointment of Geoff Jiang Guofei reflects the company’s push into what it called ‘frontier areas’ such as Web3.

Hong Kong stock market

GCL, Yunfeng ride Hong Kong bull market to raise US$848.5 million

GCL and Yunfeng leverage Hong Kong’s booming stock market to secure funding for expansion, tech upgrades, and virtual asset ventures.

POLAND - 2025/03/18: In this photo illustration, the GCL Energy Technology company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images)
Alibaba

Alibaba mobilises merchants on premium Tmall site to join instant commerce drive

The campaign sees more than 260 brands on Tmall join Alibaba’s instant commerce push against Meituan.

The Tmall campaign expands the scope of goods and merchants covered by Alibaba’s instant commerce operation. Photo: Shutterstock
Alibaba

Alibaba unveils new F1-style delivery uniform amid rising e-commerce battle

Alibaba rolls out a new outfit for its delivery workers that resembles the racing suit for Formula One racers.

Blockchain

Fosun drives Hong Kong stock performance-linked tokens on blockchains

This initiative ‘shows where the future of capital markets is heading’, the CEO of Fosun partner Vaulta says.

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Cryptocurrency

Hong Kong-listed firms sharpen digital asset strategy amid rising crypto prices

These firms’ strategies reflect confidence in the city’s ambition to become a major digital asset hub.

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Bitcoin has gained about 90 per cent over the past year, while ether has jumped more than 80 per cent from a year earlier. Photo: Shutterstock
Blockchain

Jack Ma-backed Yunfeng Financial invests US$44 million in ether

The company is pushing into Web3, with plans to increase investments in digital currencies such as stablecoins.

Alibaba

Alibaba, Ant combine forces to take on Meituan in instant commerce market

Alibaba rolled out a membership programme covering its online marketplaces, food delivery service and travel booking business.

China’s private sector

China’s Xi Jinping calls for ‘no delay’ in private sector protection

A newly published speech reiterates the president’s pledge to support China’s private companies as a recent survey shows many face challenges.

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In a speech from a February meeting with entrepreneurs made public on Friday, President Xi Jinping assured the country’s private sector their concerns were being addressed. Photo: Xinhua
Alibaba

Alibaba’s finance chief voices confidence in China’s AI boom

Toby Xu Hong says Alibaba’s substantial investments in AI and delivery services are are an endorsement of China’s progress.

Alibaba’s chief financial officer Toby Xu. Photo: Handout
Artificial intelligence

Global AI conference in Shanghai to showcase China’s prowess, vision

High-level meeting on AI governance to be held in tandem with the three-day World Artificial Intelligence Conference, starting on July 26.

Alibaba

Alibaba trims partnership as company bets on younger leaders

Nine partners – including former CEO Daniel Zhang – have left, bringing the number down from 26 to 17.

Alibaba

Alibaba folds delivery app and travel agency into e-commerce group

CEO Eddie Wu said the restructuring ‘marks a strategic upgrade from an e-commerce platform to a comprehensive consumer platform’.

Alibaba’s food delivery service Ele.me previously operated under the company’s Local Services Group. Photo: Simon Song
China’s private sector

China internet pioneer urges students to put off graduate school, start-up plans

Sohu.com founder Charles Zhang says college students need to ‘gain some real experience’ by working for a company.

Charles Zhang Chaoyang, the founder, chairman and CEO of Sohu.com. Photo: Shutterstock
Ant Group

Ant International issues first sustainability report after spin-off

Speculation has been rife over a potential listing by the company, which was spun off from Ant Group last year as part of a restructuring.

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Alibaba

Jack Ma replies to Alibaba employee’s letter lamenting ‘company disease’

The Alibaba founder highlights ‘changes’ in the company’s development as it embarks on an ambitious AI strategy.

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