Jack Ma
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Jack Ma

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Jack Ma
Jack Ma
Jack Ma Yun, born in 1964, is a famous Chinese Internet entrepreneur and founder of Alibaba, Taobao and Alipay, three of China's leading e-commerce firms.
Born
10 Sep 1964
Industry
Technology, Business
Job Title
Businessman
A record 32,000 entrepreneurs applied for the 7th Africa’s Business Heroes competition in Kigali, Rwanda, on December 13, 2025. Photo: Handout
China-Africa relations

Entrepreneurs vie for Africa’s Business Heroes titles in start-up bonanza

Record 32,000 applications from 54 nations vie for seventh Africa’s Business Heroes awards to recognise 100 start-ups over 10 years.

Artificial intelligence

Alibaba names AI-lab leader Zhou Jingren as new group partner

Hong Kong’s Tai Po fire tragedy

Editorial | Community effort needed to help survivors and those who lost loved ones in fire

Alibaba

Jack Ma Foundation pledges US$4 million for Hong Kong fire victims

The foundation extends its condolences to the victims’ families and praises the bravery of the firefighters and emergency personnel.

A major fire breaks out at Wang Fuk Court in Tai Po on Wednesday afternoon. Photo: Karma Lo
Artificial intelligence

Ant Group’s vibe coding app hits 1 million downloads in just 4 days

LingGuang, an AI app that generates custom software applications, sees a surge in popularity.

Ant Group

Alibaba founder Jack Ma visits Ant Group as fintech giant ramps up AI efforts

Ma’s visit marks almost a year since he publicly endorsed Ant Group’s AI initiatives during the firm’s 20th anniversary.

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Alibaba

‘Extreme fear’: bitcoin crash hits Hong Kong-listed firms tied to digital assets

Bitcoin dives below US$90,000, impacting firms that had boosted their shares by rolling out various digital asset strategies.

The crypto crash has thwarted digital asset treasury companies, whose main strategy is holding large amounts of cryptocurrencies. Photo: Handout
Ant Group

Ant Group affiliate OceanBase uses Hong Kong as hub to challenge Oracle

Oracle remains the world’s top database provider, but OceanBase has an infrastructure better suited for AI workloads, CEO says.

Alibaba

Apple’s iPhone and beauty products lead the charge in record-breaking Singles’ Day

Sales on Taobao and Tmall have already surpassed last year’s levels, underscoring a tentative recovery in domestic consumption.

E-commerce

Alibaba banks on AI to boost Singles’ Day sales on Taobao, Tmall

First large-scale use of AI in search and recommendation engines is part of aim to deliver ‘comprehensive consumption platform’.

A man passes the Alibaba logo displayed at its booth during the China International Supply Chain Expo in Beijing on July 16, 2025. Photo: Reuters
Fintech

Jack Ma-backed Yunfeng names ex-Ant Group executive as top Web3 architect

Yunfeng’s appointment of Geoff Jiang Guofei reflects the company’s push into what it called ‘frontier areas’ such as Web3.

Yunfeng Financial Group recently completed its first tokenised real-world asset project. Photo: Handout
Hong Kong stock market

GCL, Yunfeng ride Hong Kong bull market to raise US$848.5 million

GCL and Yunfeng leverage Hong Kong’s booming stock market to secure funding for expansion, tech upgrades, and virtual asset ventures.

Alibaba

Alibaba mobilises merchants on premium Tmall site to join instant commerce drive

The campaign sees more than 260 brands on Tmall join Alibaba’s instant commerce push against Meituan.

Alibaba

Alibaba unveils new F1-style delivery uniform amid rising e-commerce battle

Alibaba rolls out a new outfit for its delivery workers that resembles the racing suit for Formula One racers.

Alibaba’s new outfits for its delivery drivers. Photo: Handout
Blockchain

Fosun drives Hong Kong stock performance-linked tokens on blockchains

This initiative ‘shows where the future of capital markets is heading’, the CEO of Fosun partner Vaulta says.

Tokenised real-world assets could reach US$30 trillion by 2034 on the back of strong demand, according to a Standard Chartered report. Photo: Shutterstock
Cryptocurrency

Hong Kong-listed firms sharpen digital asset strategy amid rising crypto prices

These firms’ strategies reflect confidence in the city’s ambition to become a major digital asset hub.

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Blockchain

Jack Ma-backed Yunfeng Financial invests US$44 million in ether

The company is pushing into Web3, with plans to increase investments in digital currencies such as stablecoins.

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Alibaba

Alibaba, Ant combine forces to take on Meituan in instant commerce market

Alibaba rolled out a membership programme covering its online marketplaces, food delivery service and travel booking business.

The signature blue uniform of Alibaba’s Ele.me riders will be replaced by an orange outfit under a revamp. Photo: Getty Images
China’s private sector

China’s Xi Jinping calls for ‘no delay’ in private sector protection

A newly published speech reiterates the president’s pledge to support China’s private companies as a recent survey shows many face challenges.

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Alibaba

Alibaba’s finance chief voices confidence in China’s AI boom

Toby Xu Hong says Alibaba’s substantial investments in AI and delivery services are are an endorsement of China’s progress.

Artificial intelligence

Global AI conference in Shanghai to showcase China’s prowess, vision

High-level meeting on AI governance to be held in tandem with the three-day World Artificial Intelligence Conference, starting on July 26.

A billboard and sculpture are seen at the 2024 World Artificial Intelligence Conference (WAIC) in Shanghai on July 3, 2024. Photo: AP Photo
Alibaba

Alibaba trims partnership as company bets on younger leaders

Nine partners – including former CEO Daniel Zhang – have left, bringing the number down from 26 to 17.

A signage for Alibaba’s offices in the Xuhui district in Shanghai. Photo: AFP
Alibaba

Alibaba folds delivery app and travel agency into e-commerce group

CEO Eddie Wu said the restructuring ‘marks a strategic upgrade from an e-commerce platform to a comprehensive consumer platform’.

China’s private sector

China internet pioneer urges students to put off graduate school, start-up plans

Sohu.com founder Charles Zhang says college students need to ‘gain some real experience’ by working for a company.

Ant Group

Ant International issues first sustainability report after spin-off

Speculation has been rife over a potential listing by the company, which was spun off from Ant Group last year as part of a restructuring.

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Ant International is a spin-off of Chinese fintech giant Ant Group. Photo: Handout
Alibaba

Jack Ma replies to Alibaba employee’s letter lamenting ‘company disease’

The Alibaba founder highlights ‘changes’ in the company’s development as it embarks on an ambitious AI strategy.

The logo of Alibaba is seen at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Photo: AFP
Alibaba

Alibaba entertainment group gets whale of a name change with orca rebranding

Following its zoological naming scheme, Alibaba is rebranding the unit responsible for streaming and filmmaking as it looks for growth outside core businesses.

Ant Group

Ant Group’s global unit pulls in US$3 billion in revenue ahead of spin-off

Ant International could fetch an IPO valuation of between US$8 billion to US$24 billion if it lists in Hong Kong, analysts say.

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