jack ma

  • Alibaba Names Insider Jonathan Lu As New CEO, Replacing Founder Jack Ma

    Alibaba Names Insider Jonathan Lu As New CEO, Replacing Founder Jack Ma

    Alibaba, China’s e-commerce giant, today named insider Jonathan Lu Xaoxi as its new CEO — filling a hole two months after founder Jack Ma announced that he would be stepping down from the position. The move is another step in the company’s wider restructuring, which saw the creation of some 25 separate business units to account for the company’s various interests… Read More

  • Alibaba CEO Jack Ma To Step Down As CEO On May 10th, Stay On As Chairman Of China’s Ecommerce Giant

    Alibaba CEO Jack Ma To Step Down As CEO On May 10th, Stay On As Chairman Of China’s Ecommerce Giant

    Jack Ma, who has been CEO of Chinese ecommerce giant Alibaba for the past 14 years (since it was founded in 1999), will step down on May 10 2013 but remain as company chairman — focusing on Alibaba’s strategic vision, talent development to grow the internal leadership team, and corporate social responsibility efforts. Alibaba’s new CEO will be announced when Ma steps down. Read More

  • Jack Ma Flies Thousands of Miles to Palo Alto, Still Doesn't Want to See Carol Bartz

    Burn! According to sources, Alibaba Group’s CEO Jack Ma is in town and he’s not even paying a courtesy call to his estranged partners at Yahoo. Ma was spotted dining with Taobao CEO Jonathan Luk and other Alibaba executives at Fuki Sushi in Palo Alto last night, and a spokesperson for the company confirmed they were in town for meetings. Another source close to the company, who… Read More

  • Bartz Takes the Hint, Stays away from Alibaba's Board…for Now

    Carol Bartz has been the fashionable Silicon Valley punching bag for much of 2010, and that’s no doubt escalating in private conversations in Sunnyvale today as hundreds of Yahoo employees are told they no longer have a job– just in time for Christmas! But give her credit for one savvy move: Not naming herself to Alibaba’s board as she signaled she would earlier in the year. Read More

  • Bartz: Out of 15,000 Employees Only Three Left. Wait, What?

    Yahoo CEO Carol Bartz was on Fox Business News today, and she was plenty Bartz-y. When Fox anchor Liz Clamen asked her repeatedly if she was on the way out, she said she was there to stay, adding “Do I look like a wimp?” No. You do not. Even if you think Bartz is running the company into the ground, you have to give her credit for not holing up and hiding the way her predecessor… Read More

  • The Surprising Religion of Jack Ma

    Jack Ma– CEO of The Alibaba Group and president of the Carol Bartz fan club– was on Charlie Rose this week, and while he didn’t offer any more insight into the Yahoo situation, he said a lot of interesting things. Ma is a force. He’s going at half-normal-speed in this video. I saw him speak at the World Economic Forum last week in Chinese and the translators… Read More

  • Bartz in a China Shop: Has Yahoo's CEO Wrecked the Valley’s Most Valuable Chinese Relationship?

    Bartz in a China Shop: Has Yahoo's CEO Wrecked the Valley’s Most Valuable Chinese Relationship?

    The Chinese aren’t exactly prone to emotional outbursts in front of Western reporters. In China, if you insult a business partner in the press, there’s likely a calculating reason behind it. Witness the latest volley by Alibaba.com’s CEO David Wei towards Yahoo, which owns 40% of the parent company for his Chinese ecommerce powerhouse. “Why do we need a financial… Read More