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  • August 31, 2014
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  1. News - China - INVESTING

    Alibaba to buy 1.2 billion yuan stake in Guangzhou Evergrande soccer club

    Posted Jun 05th 2014, 03:29pm by Mimi Lau

    ... Mimi Lau in Guangzhou mimi.lau@scmp.com Alibaba in 1.2b yuan share of Evergrande After a night of drinking in Hong Kong, Alibaba chairman Jack Ma Yun woke up one morning recently to find his company a half-owner of the country's most successful football club. The price he paid- 1.2 billion yuan (HK$1.48 billion)- was a bargain, he said. It was the latest in a flurry ...

  2. News - China - ENVIRONMENT

    Alibaba users roped into national water quality survey

    Posted Apr 15th 2014, 05:19am by Bloomberg

    ... Bloomberg Alibaba starts national survey on pollution China's battle against pollution is getting some help from Jack Ma Yun's 500-million-strong army of mobile internet users. Alibaba Group Holding, the e-commerce giant founded by Ma, is asking the public to participate in mapping water quality across the country to raise environmental awareness. With palm-sized testing ...

  3. News - China Insider - GAMING

    In an effort to compete with Tencent, Alibaba reveals the first of its mobile games

    Posted Jan 27th 2014, 08:42pm by Jeremy Blum

    ... Jeremy Blum jeremy.blum@scmp.com The games are available via the newest version of Alibaba's Laiwang mobile messaging app Chinese e-commerce giant Alibaba has revealed the first three games to emerge from the company's new mobile gaming branch.  Available through version 4.5 of Laiwang, Alibaba's messaging software, as well as via the company's Taobao mobile ...

  4. News - China Insider - MOBILE MESSAGING

    Alibaba's Jack Ma to dump WeChat service in favour of 'own baby' Laiwang

    Posted Oct 23rd 2013, 11:51am by Amy Li

    ... Amy Li chunxiao.li@scmp.com Alibaba's Ma urges friends to join him on smartphone messaging app Laiwang Alibaba Group chairman Jack Ma Yun has officially declared war on Tencent’s Wechat. Days  after demanding his employees collect at least 100 external contacts by the end of November on Laiwang, Alibaba's smartphone messaging application, Ma said yesterday that he ...

  5. News - China Insider - MOBILE MESSAGING

    Jack Ma 'threatens to take away bonus' from staff who fail to promote messaging app

    Posted Oct 22nd 2013, 01:36pm by Amy Li

    ... Amy Li chunxiao.li@scmp.com Alibaba Group chairman wants employees to raise profile of smartphone messaging application Laiwang Alibaba Group chairman Jack Ma Yun has stepped up ... achieve nothing in mobile networking, we should not consider going public,” he wrote. Ma’s strategy seems to have worked- at least for now. Alibaba employees, many of whom say they fear losing ...

  6. News - China - INVESTMENT

    Alibaba says New York Times off base for linking buy-back deal to party elite

    Posted Jul 22nd 2014, 05:12pm by Staff Reporter

    ... Staff reporter E-commerce giant says report about politically well-connected stakeholders is biased Backers' identities not important, Alibaba says E-commerce giant Alibaba Group said ... published on Monday, said three Chinese investment firms trying to finance a US$7.6 billion deal to help Alibaba buy back half of Yahoo's stake had connections with the Communist Party elite, ...

  7. News - China Insider - SMARTPHONES

    Despite the iPhone's popularity, Android remains king in China

    Posted Aug 27th 2014, 08:29pm by Jeremy Blum

    ... popular apps in China are those created by Chinese internet giants Baidu, Tencent and Alibaba, the report says. The typical Android user has 3.4 Tencent apps installed on their device, 2.8 Baidu apps and 0.8 Alibaba apps, while an average iOS user has 3.7 Tencent apps, 2.1 Baidu apps and 0.9 Alibaba apps. Android’s dominance in the mainland is largely thanks to the operating system’s ...

  8. News - China - PHILANTHROPY

    Alibaba's Jack Ma and Bill Gates discuss charity at Beijing dinner

    Posted Jun 19th 2014, 03:02am by BLOOM

    ... Bloomberg Alibaba's Ma and Gates discuss charity in Beijing Bill Gates and billionaire Jack Ma Yun met in Beijing to talk about charity, according to a post by the world's richest man on Twitter yesterday. "Got to meet with Alibaba's Jack Ma Yun in Beijing to talk philanthropy- great conversation," Gates said on his Twitter post. Ma, who set up ...

  9. News - Hong Kong - POLITICS

    Tung Chee-hwa's role at Alibaba unlikely to breach CPPCC rules

    Posted Jun 18th 2014, 02:54am by Staff Reporters

    ... Staff Reporters State leaders cannot join firms, but former HK chief’s residency complicates the issue Tung's role at Alibaba unlikely to be problem The appointment of former chief executive Tung Chee-hwa to e-commerce giant Alibaba's board has raised eyebrows but might not breach Beijing's rules on people in senior roles in public office joining firms, analysts ...

  10. News - Hong Kong

    Reports: Alibaba drops HK IPO plan, looks to US

    Posted Sep 25th 2013, 06:52pm by AP

    ... HONG KONG (AP) — News reports say Chinese e-commerce giant Alibaba has dropped plans to sell shares in Hong Kong, with the company now looking at an IPO in New York. Goldman Sachs has predicted that Alibaba could be worth as much as $105 billion, dwarfing the valuation of Twitter, another tech company planning a share sale. The Wall Street Journal reported Wednesday that talks ...




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