David Cameron hires Alibaba's Jack Ma to advise him on business
David Cameron hires Alibaba's Jack Ma to advise him on business

One of China's top businessmen, Alibaba founder Jack Ma, has been appointed by British Prime Minister David Cameron to advise him on business, Downing Street said Monday.

Alibaba Group to invest $1.0 bn in cloud computing

Chinese e-commerce giant Alibaba will invest $1.0 billion in its cloud computing arm to expand its international presence, the company said Wednesday, as it looks outside its core business and beyond traditional markets.

Alibaba's Ma, visiting New York, says not in America to compete

Chinese e-commerce titan Alibaba Group Holding Ltd does not want to fight for U.S. market share but instead hopes to help small US businesses sell more goods in China, Executive Chairman Jack Ma said.

China fines Alibaba $129,000 for pricing violations

China`s e-commerce giant, Alibaba Group, has been fined 800,000 yuan ($129,000) by the price bureau in eastern Zhejiang province for violations by third-party sellers during promotions on its e-commerce platforms.

Alibaba-backed ShopRunner gains momentum, eyes China

ShopRunner borrows some of Amazon.com Inc`s innovations: it charges $79 for two-day shipping to Amazon`s $99. And it has an express checkout akin to its larger rival`s one-click-buying feature.

Alibaba says March 18 lockup expiry will free up 437 million shares

Alibaba Group Holding Ltd`s 180-day post-IPO lockup expires March 18, allowing about 437 million shares or roughly 18 percent of the company to be sold publicly.

Alibaba tabs Jeff Zhang to oversee consolidated retail division

Alibaba Group Holding Ltd appointed Jeff Zhang to oversee its main services on Monday, bringing Taobao, Tmall and Juhuasuan into a newly created "China Retail Marketplaces" division.

Alibaba buys $383 mn stake in TV programme producer Beijing Enlight

Chinese e-commerce titan Alibaba Group Holding Ltd has invested 2.4 billion yuan ($382.67 million) in TV programme producer Beijing Enlight Media Co Ltd , Beijing Enlight said in a regulatory filing on Wednesday.

Alibaba Group faces possible US lawsuit after fake goods row
Alibaba Group faces possible US lawsuit after fake goods row

After a bitter row over sale of fake goods, the Chinese government and Alibaba Group warmed up even as the e-commerce giant faces a possible class-action lawsuit initiated by five US law firms.

Alibaba meets with China regulator, controversial report retracted
Alibaba meets with China regulator, controversial report retracted

The head of China`s commerce regulator met with Alibaba Group Holding Ltd chairman Jack Ma on Friday to discuss combating fake products, the official Xinhua news agency reported, with the two adopting a conciliatory tone after a row over illegal business on the Internet company`s platforms.

China government agency slams Alibaba over management
China government agency slams Alibaba over management

The regulator accused Alibaba of poor oversight of its employees as well as merchants and products on its platforms, disorganised sales management and a flawed rating system for users.

Jack Ma wants Alibaba to surpass Walmart in 10 years

Looking to provide a platform to millions of small businesses globally, Alibaba's founder Jack Ma wants his e-commerce company to surpass brick-and-mortar retail giant Walmart in sales in next 10 years.

Who's afraid of China's economy slowing? Not Alibaba's Jack Ma

Jack Ma, executive chairman of Chinese e-commerce giant Alibaba Group Holding, isn`t worried about slowing Chinese economic growth, he told a meeting of business and political leaders in Davos, Switzerland.

Alibaba to buy $550 mn stake in Paytm owner One97 Communications

Alibaba Group Holding Ltd and its unit Alipay are in advanced talks to buy a stake for about $550 million in India`s One97 Communications, which owns an online payment platform, sources directly involved in the transaction said.

India asks Chinese cos to set up manufacturing units

India Wednesday asked Chinese companies to invest here and set up manufacturing units to help bridge the widening trade gap between the countries, which stood at USD 36 billion in 2013-14.

Alibaba founder Jack Ma looks to PM Modi for inspiration; to invest more in India

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.

China says controls on Internet needed to maintain stability

Chinese officials called on Wednesday for controls on the Internet to preserve stability, saying its model for cyberspace regulation can be the framework for spawning commercial successes like Alibaba Group Holding Ltd.

Jack Ma, social media firm Tencent raise stakes in Huayi Bros

A firm controlled by Alibaba founder Jack Ma and social media firm Tencent are set to invest a combined 2.8 billion yuan to raise their stakes in Huayi Brothers Media Corp, as China`s tech giants push into entertainment.

Hedge funds piled into Alibaba shares in third quarter

Hedge funds scooped up shares of China`s Alibaba Group Holding in the third quarter, making the e-commerce giant one of the most commonly bought stocks among some of the biggest US investors, according to regulatory filings on Friday.

Alibaba`s Jack Ma: Being richest is `great pain`

He may now be China`s richest man but Jack Ma, the founder of e-commerce giant Alibaba, has admitted in a US television interview that being so wealthy is actually causing him "great pain".