Joe Tsai
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Joe Tsai

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Joe Tsai
Joe Tsai
Joe Tsai is chairman of Alibaba Group. Tsai joined the Alibaba Group in 1999 as a member of the founding team.
Born
19 Jan 1964
Industry
Business
Job Title
Co-founder, chairman of Alibaba
last updated:
11 November, 2024
Alibaba founder Jack Ma visited the company’s Hangzhou campus on Friday. Photo: Handout
Alibaba

Jack Ma returns to Alibaba campus in sign of support

The founder’s visit is his first known trip to his hometown since March 2023.

Alibaba

Alibaba to sell bonds to repay debt, fund buy-back amid low rates

Family offices

Hong Kong’s family business event wraps up with talk on US-China ties

SCMP Exclusives

Exclusive | Olympic star Zheng, Hong Kong’s Haughey on strength, sacrifice, winning mentality

Zheng Qinwen and Siobhan Haughey open up on their journeys to the top, on first day of Post’s Family Business Summit.

(From left) Joe Tsai, co-founder and chairman of Alibaba Group, Zheng Qinwen, Siobhan Haughey, and twins Wang Liuyi and Wang Qianyi, pose for a group picture during a panel discussion “Conversation with Paris Olympians” at the SCMP Family Business Summit 2024. Photo: Dickson Lee
Family offices

2024 FBS Summit: Hong Kong event gathers family business owners

More than 100 business owners gathered at the closed-door, principals-only 2024 Family Business Summit in Hong Kong over the weekend.

Banking & finance

Start-up spurs Xiaohongshu-ready ‘experiences’ in Hong Kong

Strategy also seeks to capture anticipated growth in visits by Western tourists who spend more per capita.

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Banking & finance

Exclusive | Hong Kong to turn bankers’ summit into calendar ‘anchor’ on popular demand

The summit is pivoting from the publicity objective of its 2022 inaugural edition to making Hong Kong the venue to discuss issues that affect global banking.

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Chief Executive of Hong Kong SAR John Lee Ka-chiu (right) and Financial Secretary Paul Chan Mo-po during the second Global Financial Leaders’ Investment Summit at the Four Seasons Hotel in Central on 7 November 2023. Photo: May Tse.
Artificial intelligence

Alibaba Cloud to kick off annual Apsara tech event with focus on AI

Alibaba’s cloud unit will kick off its annual tech event this week, bringing together large language model start-ups to discuss the future of artificial general intelligence.

Alibaba

Alibaba’s Cainiao launches next-day delivery in Europe, builds new hubs

Cainiao’s latest initiatives reflect Alibaba’s commitment to expand the company’s global footprint, as e-commerce growth slows at home.

Alibaba

Alibaba to join Stock Connect plan in major boost for equity market

The decision could attract as much as US$12 billion of domestic funds to the beaten-down stock, according to one forecast.

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The logo of Alibaba Group outside its office in Beijing in August 2021. Photo: AP Photo
Alibaba

Goodbye slow boat to China: Alibaba logistics arm launches next-day delivery

Through a new route from the Hong Kong airport to Zhuhai, online purchases can reach buyers in Shanghai, Zhejiang and Jiangsu as fast as one day.

A Cainiao Post station in Jiangmen, Guangdong province, seen on February 14, 2024. Photo: Simon Song
Alibaba

Alibaba gains as it swaps Hong Kong listing status to tap China funds

Alibaba, one of China’s largest technology behemoths with HK$1.58 trillion (US$202.7 billion) in value, would be very likely to make the cut, clearing the way for mainland investors to take their first bite on September 9.

Alibaba

AI makes Alibaba Cloud company’s shining star in June quarter

While Taobao and Tmall missed estimates amid intensifying competition, the tech giant’s cloud growth stood out amid ‘robust demand’ for AI products.

Lacrosse

Olympics in 2028 is target for Hong Kong as city hosts global lacrosse event

Women’s U20 Championship ‘will raise awareness’ of the sport, chairman of local governing body says as it eyes qualifiers for LA Games.

The opening day of the World Lacrosse Women’s U20 Championship brought victory for Hong Kong over Jamaica at Mong Kok Stadium. Photo: Dickson Lee
E-commerce

US online retailer iHerb taps Alibaba’s Cainiao for new Hong Kong warehouse

US online retailer iHerb is setting up a new warehouse in Hong Kong with Cainiao Smart Logistics Network, seeking to boost its order fulfilment capabilities in Asia.

A Cainiao postal station in Jiangmen, Guangdong province, China, Feb. 14, 2024. Photo: Simon Song
Paris 2024 Olympic Games

Alibaba’s AI-powered cloud tech bringing Olympic sporting drama to billions

Move will change the way the ‘world’s largest and most complex sporting” event is seen around the world.

Alibaba

Alibaba Cloud raises prices for domain name auctions amid AI compute price war

Auctions for previously owned domain names now start at 99 yuan, a 43 per cent increase over new prices announced just a year ago.

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Artificial intelligence

Alibaba Cloud touts endorsements from major clients in AI computing race

Alibaba Cloud and rivals are gunning for a market that is expected to expand faster this year, thanks partly to popularity of generative AI.

Alibaba Cloud has launched two new ads. Photo: Bloomberg
Artificial intelligence

China to establish at least 50 sets of AI standards by 2026

With standards in place, AI is expected to ‘profoundly change industrial production and economic-development patterns’ in the country, according to the draft policy.

Alibaba

Alibaba’s cloud computing unit to close data centres in Australia and India

Alibaba Cloud’s updated infrastructure strategy prioritises expansion in Southeast Asia and Mexico.

Didi Chuxing

China’s Didi Chuxing says it has no timetable for Hong Kong IPO

Didi had originally planned for a Hong Kong listing this year, according to a source.

Didi’s offices in Hangzhou, China. Photo: Bloomberg
China technology

Global Impact | China’s falling behind in the AI race, but can a price war balance the scales?

In this week’s issue of the Global Impact newsletter, we take a look at the price war that is developing in China as tech firms fight to keep up with the likes of Nvidia.

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With the new fervent pace of upgrades, China could fall further behind in the AI race even as companies pour resources into keeping up in the realm of GenAI. Photo: Shutterstock
Alibaba

Alibaba’s Taobao, Tmall show strong sales momentum during 618 shopping festival

About 185 brands – including Apple, Xiaomi and Huawei – have each achieved more than US$13.8 million in gross merchandise value on Taobao and Tmall during the initial period of promotions.

Alibaba

Mainlanders could get to buy Alibaba shares by September 9: Morgan Stanley

The e-commerce giant could join the Stock Connect cross-border trading scheme as early as September 9, opening the door to mainland investors, according to Morgan Stanley.

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Alibaba

Alibaba emerges as major backer of high-flying Chinese start-up Moonshot AI

Alibaba has emerged as a major backer of Moonshot AI, one of China’s hottest artificial intelligence start-ups, holding a 36 per cent stake in the firm.

Alibaba’s office in Beijing. Photo: AP Photo
Alibaba

Alibaba’s convertible bond sale to fund buy-backs ‘oversubscribed’

The Chinese tech giant is selling up to US$5 billion worth of convertible bonds, while company leaders set e-commerce and cloud computing as its core businesses in a move ‘towards strategic clarity’.

An Alibaba office building in Nanjing, China. Photo: NurPhoto via Getty Images
Banking & finance

Exclusive | Hong Kong IPO outlook brighter as rally reflates valuations, confidence: JPMorgan

A stock market rally in Hong Kong has helped raise valuations and improve sentiment among investors, feeding a recovery in fundraising activities in the city and on bourses in mainland China, JPMorgan says.

China property

Too soon to call China’s property rescue a game changer: JPMorgan

Investors will need to see more positive signals from the market before calling a stabilisation, US bank says, as expectations of declining prices and shrinking incomes, plus jitters about home delivery will continue to keep homebuyers at bay.

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