jack ma

Alibaba’s Jack Ma and Joe Tsai invest $20 million in Rent the Runway

Rent the Runway has snagged a $20 million investment from Alibaba CEO Jack Ma and Joe Tsai via Blue Pool Capital, Recode first reported. Blue Pool Capital is a multibillion-dollar fund that invests in

Alibaba is leading a $27M investment in open source database startup MariaDB

Alibaba has spent 2017 pushing its cloud computing business and now it is preparing to make its first major investment in a Western startup in the space. The Chinese e-commerce giant has agreed to lea

Alibaba’s Ant Financial extends global reach with first investment in the Philippines

Alibaba affiliate Ant Financial has again extended its global reach after it completed its maiden investment in the Philippines.

Alibaba’s Ant Financial is buying MoneyGram for $880M to expand its global presence

Alibaba is taking a big step into the U.S. — but it isn’t necessarily what you might think. Its affiliate Ant Financial has revealed it is buying U.S. payments firm MoneyGram for $880 mill

Bill Gates, Jeff Bezos and 18 others commit $1 billion to new cleantech fund, Breakthrough Energy Ventures

Bill Gates, Jeff Bezos, Vinod Khosla, Jack Ma, John Doerr and 15 other high-profile investors have formed a new venture firm, Breakthrough Energy Ventures, that will pour at least $1 billion into clea

Alibaba’s Trojan Horse for Southeast Asia

Elsewhere, startup founders and VCs high-fived each other as the move put the region on the global map and they hoped it would lead to more funding and exits in the future. However, everyone has faile

Jack Ma says Alibaba wants to more than double its GMV to one trillion dollars by 2020

Alibaba Group’s goal is to become the equivalent of the world’s fifth richest country in four years. Founder and chairman Jack Ma laid out the company’s ambitions during its first Investor Day,

Alibaba completes SCMP acquisition and removes the paper’s online paywall

South China Morning Post (SMCP), the Hong Kong-based media firm, has dropped the paywall on its website after Alibaba completed its acquisition the company. Its physical newspaper and PDF editions wil

Alibaba secures $3B loan to finance more investments and acquisitions

It looks like Alibaba is in the mood for more acquisitions. The company's recent investment spree -- which includes the ongoing $3.5 billion purchase of Youku Tudou and new stakes in Groupon, PayTM an

Magic Leap Adds Alibaba’s Jack Ma To Board As New Funding Pushes Valuation To $5B

Magic Leap, the much-hyped augmented reality company, doesn't officially have a product yet, but that isn't stopping the company from focusing on the potential of the Chinese movie market. The Florida

China: Scaling The World’s Highest Innovation Peaks

In a world of statistics, here’s a number that stands out: 71. That’s how many times the word “innovation” was mentioned in a communiqué issued after the Chinese Communist Party’s recent pl

How Gulf Countries Can Ignite Their Startup Revolution

There is hardly a day that passes without a new major initiative, announcement or bold proclamation by the Gulf economies of United Arab Emirates, Kuwait, Oman, Qatar, Bahrain and Saudi Arabia to prom

Founder Jack Ma Lays Out Alibaba’s US Strategy

Founder and executive chairman Jack Ma said there's a big opportunity for Alibaba in the United States: "Alibaba was founded in China, but it was created for the world." Ma spoke today at The Econo

Alibaba Unveils $316M Taiwan Fund As Government Launches Investigation Into Its Local Business

Alibaba Group’s announcement yesterday that it will launch a non-profit NTD $10 billion ($316 million) fund for entrepreneurs in Taiwan was overshadowed by a government investigation into its local

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

<a target="_blank" href="http://alibaba.com">Alibaba</a>, China's e-commerce giant, today named insider Jonathan Lu Xaoxi as its new CEO -- filling a hole <a href="https://beta.techcrunch.com/2013/01/

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

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

<img class="alignleft size-medium wp-image-275233" title="Alibaba-Jack-Ma-and-eBay-John-Donahoe" src="http://tctechcrunch.files.wordpress.com/2011/02/alibaba-jack-ma-and-ebay-john-donahoe.jpeg?w=300"

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

<img class="alignleft size-medium wp-image-254467" title="Go Away and Stay there" src="http://tctechcrunch.files.wordpress.com/2010/12/go-away-and-stay-there.jpeg?w=300" alt="" width="300" height="270

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

<img class="alignleft size-full wp-image-234271" title="imgres" src="http://tctechcrunch.files.wordpress.com/2010/10/imgres.jpeg" alt="" width="284" height="177" /></a>Yahoo CEO Carol Bartz was on Fox

The Surprising Religion of Jack Ma

<img class="alignleft size-medium wp-image-223350" title="1194613998_jack ma20-20alibaba" src="http://tctechcrunch.files.wordpress.com/2010/09/1194613998_jack-ma20-20alibaba.jpg?w=300" alt="" width="3
Load More