joe tsai
Ivorian e-commerce startup ANKA, formerly Afrikrea, raises $6.2M pre-Series A
A study by McKinsey & Company on general e-commerce activities in Africa says consumer spending will reach over $2 trillion in the next three years. Much of this spending falls…
China Roundup: Y Combinator’s short-lived China dream
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world.…
Alibaba returns to growth with revenue up 51% to $13.9 billion
It’s business as usual for Alibaba after the Chinese e-commerce giant bounced back from a lackluster Q3 — which saw its slowest growth for three years. For Q4, the company…
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…
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…
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…
