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Jack Ma
Jack Ma
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Jack Ma, chairman and chief executive officer of Alibaba Group. His platform Taobao.com and Tmall.com created a historical 19 billion yuan in online sales on Nov 11, that's about $3 billion of sales volume in one single day. His Alibaba group also went private in mid 2012. Analysts say the former English teacher may plan a separate listing for his platforms.
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  • By Ma Si(China Daily)2017-10-19 07:55

    Chinese chip startup Cambricon Technologies has raised $100 million from investors, making it the first "unicorn" in the country's AI semiconductor sector to be worth more than $1 billion.Backed by Alibaba Group Holding Ltd, the Beijing-based company is affiliated to the Chinese Academy of Sciences,...

  • (China Daily)2017-10-19 07:44

    Visit for breaking news and exclusive content Video: Changing China - Shenzhen's road of innovation Through the focused and dedicated development of its creative industries, Shenzhen, Guangdong province, has grown from a tiny fishing village into China's innovative heart. Concepts of modern design p...

  • By Wang Yanfei(China Daily)2017-10-19 07:34

    NetsUnion Clearing Corp, China's newly established clearing house for online payments supervised by the People's Bank of China, will clear half of the transactions that are expected to be made during the upcoming Nov 11 Singles Day shopping festival.The move comes as a blow to Alibaba-owned Alipay, ...

  • (China Daily)2017-10-19 07:13

    Govt and policies Central bank continues net cash injection China's central bank on Wednesday continued to pump money into the interbank market via reverse repos to ensure stable liquidity. The People's Bank of China conducted 160 billion yuan ($24 billion) of seven-day reverse repos with an interes...

  • (chinadaily.com.cn)2017-10-19 06:51

    China is the sixth most cashless country in the world, according to a recent study from global trading site Forex Bonuses.The rankings took into account a raft of criteria, such as the number of credit cards per person, the number of debit cards per person, and the number of cards in issue with cont...

  • (Xinhua)2017-10-18 15:18

    A Wifi-equipped, self-charging robot which is responsible for transporting goods is pictured at the quicktron of the logistics arm Cainiao Network of Chinese e-commerce giant Alibaba Group in Huiyang district, Huizhou city South China's Guangdong province, October 17,2017. [Photo/IC]GUANGZHOU - Chi...

  • (Xinhua)2017-10-18 10:16

    DUBAI - Dubai developer Meraas Holding and two major Chinese companies on Tuesday launched "Tech Town," a giant project aiming to boost cooperation on developing digital and artificial intelligence technologies. The giant project was launched on day two of the ongoing Dubai Investment Week by Meraas...

  • (Xinhua)2017-10-18 10:01

    BEIJING - What can a two-dimensional barcode, or QR code, be used for in China? The answers are varied, from mobile payment to unlocking shared bikes or adding friends on messaging apps. But apart from making everyday life more convenient, there is one unexpected and creative use -- helping the coun...

  • By Duan Ting In Macao(China Daily)2017-10-18 08:09

    Collaboration among cities within the Guangdong-Hong Kong-Macao Greater Bay Area is all about putting the strengths together to go out promoting themselves and eventually bringing in visitors, said Maria Helena de Senna Fernandes, director of the Macao Government Tourism Office. Speaking at the Chin...

  • (China Daily)2017-10-18 07:58

    Editor's Note: The 19th National Congress of the Communist Party of China starts today. In the runup to the meeting, China Daily interviewed business leaders from major multinational companies for their views on economic developments here and the country's global leadership role. Jean-Paul Agon is t...

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