By ASSOCIATED PRESS BEIJING (AP) — Alibaba Group founder Jack Ma, who helped launch China’s online retailing boom, stepped down as chairman of the world’s biggest e-commerce company on Sept. 10 at a time when its fast-changing industry faces uncertainty amid a U.S.-Chinese tariff war. Ma, one of China’s wealthiest and best-known entrepreneurs, gave up […]
Spielberg’s Amblin, China’s Alibaba announce partnership
BEIJING (AP) — Steven Spielberg’s Amblin Partners and Chinese e-commerce giant Alibaba Group’s media arm announced a partnership on Oct. 9 to co-produce films for global audiences. The deal adds to a multibillion-dollar string of Chinese ventures with Hollywood studios to capture more of the profits from China’s growing media market. Alibaba Pictures will acquire […]
Jack Ma book
Duncan Clark, author of “Alibaba: The House Jack Ma Built,” was the featured speaker at the Nyhus reception April 21 at the Columbia Tower Club. Clark, a Beijing-based UK citizen, has advised on investors in China’s digital and consumer markets for 20 years. In his remarks, Clark called Jack Ma “an American Dream that happened […]
Alibaba buys Hong Kong’s South China Morning Post
By Kelvin Chan AP Business Writer HONG KONG (AP) — Chinese e-commerce giant Alibaba has announced that it’s buying Hong Kong’s leading English-language newspaper, the South China Morning Post, as part of a plan to create a global platform for news about China. Alibaba Group Holdings Ltd., founded by billionaire Jack Ma, said it signed […]
Huskies receive warm welcome in Hangzhou… — …from no other than Jack Ma
Alibaba Group Executive Chairman Jack Ma met the team members from the University of Washington Huskies on Nov. 11. The Huskies will be playing against the University of Texas on Nov. 14 in China. Ma escorted the team on a brief tour. The team brought him a souvenir from Seattle, where one of Alibaba’s offices […]
Huskies and Horns in Shanghai — UW basketball vs. Texas in China
By Assunta Ng Northwest Asian Weekly Imagine a Husky basketball player shooting three points in a Shanghai arena, Yao Ming of legendary basketball fame and Jack Ma of Alibaba opening their mouths in disbelief, and a sea of Chinese fans leaping out of their seats going wild. This could be a reality on Nov. 14 […]
Alibaba creates sports group
By Jason Cruz Northwest Asian Weekly Chinese e-commerce company Alibaba announced in early September that it is opening a sports division. Alibaba seeks to reshape China’s sports industry through the Internet. Company founder, Jack Ma, stated that it has set up Alibaba Sports Group together with Sina, a China Internet news site, and Yunfeng Capital, […]
Poof! Alibaba likely not settling in Seattle
By Jason Cruz Northwest Asian Weekly Chinese e-commerce giant Alibaba will not make its U.S. headquarters in Seattle according to a recent report. Despite the company shopping for space in Bellevue, a company spokesperson indicated that it would not be moving its U.S. headquarters which is currently located in San Mateo, California. The company’s founder, […]
COMMENTARY: Find the gap — Jack Ma saw what others missed
By Amy Wilkinson Jack Ma was an English teacher of modest means in the southern Chinese province of Hangzhou. He had little business experience and few connections in the Chinese government. Yet he launched a new kind of Internet company that became the $216 billion market behemoth Alibaba—the world’s largest business-to-business e-commerce marketplace. What made […]
Open sesame… – Alibaba moves into Seattle, next to competitor Amazon
By Jason Cruz Northwest Asian Weekly Chinese e-commerce company, Alibaba, has settled into offices in downtown Seattle near one of its