Page 9 - Latest Updates on Jack Ma
SoftBank's Son leaves Alibaba board following Jack Ma's departure
SoftBank is a major investor in Alibaba and Son joined Alibaba's board in 2005. Ma joined the SoftBank board in 2007
 "SoftBank's Son leaves Alibaba board following Jack Ma's departure")
Masayoshi Son defends investment choices, says SoftBank is not 'SoftPunku'
Sprint, which Son loaded up with debt and made repeated attempts to merge with T-Mobile before successfully closing the deal in April, has delivered an internal rate of return of 25%, Son said
 "Masayoshi Son defends investment choices, says SoftBank is not 'SoftPunku'")
Mukesh Ambani now 9th richest globally; RIL's m-cap crosses Rs 11-trn mark
In March 2020, Ambani was ranked 21st on Forbes' annual billionaire list, with a net worth of $36.8 billion, while Page and Brin were 13th and 14th.
 "Mukesh Ambani now 9th richest globally; RIL's m-cap crosses Rs 11-trn mark")
SoftBank Vision Fund posts $17.7 billion loss on WeWork, Uber Technologies
Takes hit after writing down the value of investments in WeWork, Uber and others; plans to double buybacks
 "SoftBank Vision Fund posts $17.7 billion loss on WeWork, Uber Technologies")
Alibaba's Jack Ma resigns; SoftBank proposes three new board members
The departure of Ma, who retired as Alibaba's executive chairman in September, comes as he pulls back from formal business roles to focus on philanthropy
 "Alibaba's Jack Ma resigns; SoftBank proposes three new board members")
World coronavirus dispatch: No lockdown exit strategy in sight in the UK
From governors in the US weighing reopening of states, to Asia struggles with its lockdowns, and the challenges of post-Covid-19 care - read these and more in today's world dispatch
 "World coronavirus dispatch: No lockdown exit strategy in sight in the UK")
Jack Ma's Alibaba foundation donates medical, testing kits to India
Besides India, the medical supplies will be donated to Azerbaijan, Bhutan, Kazakhstan, Kyrgyzstan, Uzbekistan and Vietnam
 "Jack Ma's Alibaba foundation donates medical, testing kits to India")
More African countries confirm first virus cases as Jack Ma pledges aid
Thirty African countries - more than half the continent - are now treating nearly 400 patients with coronavirus, after Tanzania, Liberia, Benin and Somalia said they registered their first cases
 "More African countries confirm first virus cases as Jack Ma pledges aid")
Alibaba's Jack Ma joins Twitter with first tweet on mask donation to US
Ma had previously announced on his Weibo account that he would donate 100 million yuan ($14.5 million) through his foundation to support medical research efforts
Jack Ma's Alipay steps up competition with WeChat to win merchants
The move escalates the competition between Alipay and WeChat, the super app owned by Asia's second-largest company and Jack Ma's rival billionaire Pony Ma
 "Jack Ma's Alipay steps up competition with WeChat to win merchants")
Mukesh Ambani lost Asia wealth crown to Jack Ma in $5.8-billion rout
Jack Ma, the Alibaba Group Holding founder, who ceded the No. 1 ranking in mid-2018, is back on top with a $44.5 billion fortune, about $2.6 billion more than Ambani
 "Mukesh Ambani lost Asia wealth crown to Jack Ma in $5.8-billion rout")
Mukesh Ambani no more Asia's richest man as recent oil slide erodes wealth
According to the Bloomberg Billionaires Index, Chinese billionaire Jack Ma, the founder of e-commerce major Alibaba Group has toppled Ambani to get the top spot in Asia
China's richest man Jack Ma pledges $2 million to find cure for coronavius
The researcher will lead in setting project objectives, conducting research and tracking results, said a source of the foundation based in Hangzhou, Zhejiang province
Amazon takes cue from Alibaba's India playbook to beat Reliance, Flipkart
Amazon is also going to invest a large chunk of the capital to build the supply chain for its grocery and food category.
 "Amazon takes cue from Alibaba's India playbook to beat Reliance, Flipkart")
Year in Review: How world's top 10 business personalities fared in 2019
The year 2019, a breakthrough year for business, saw both fortunes being built and destroyed. Business Standard lists top 10 business personalities from across the globe who made headlines in 2019
 "Year in Review: How world's top 10 business personalities fared in 2019")
Softbank's Son reiterates his belief in gut-led investing in chat with Ma
SoftBank owns 26% of China's Alibaba, with its origin in a $20 million investment in 2000, and the stake is now worth more than the Japanese firm's market capitalization
 "Softbank's Son reiterates his belief in gut-led investing in chat with Ma")
Jack Ma's Ant Financial plans to raise about $1 billion for start-ups
The firm is looking to back more start-ups in those regions that focus on payments and online finance, the person said, confirming a DealStreet Asia report
How Alibaba founder Jack Ma is ripping a $12 trillion stock market
On Monday, China's largest e-commerce company logged more than $38.3 billion of purchases during its annual Singles' Day shopping event, a new record
Alibaba's $38-bn Singles' Day sales: Jack Ma not impressed, expected more
Launched in 2009, Singles' Day has become China's version of US online sale event Cyber Monday
 "Alibaba's $38-bn Singles' Day sales: Jack Ma not impressed, expected more")
Alibaba's Singles' Day sales hit $38 bn to beat Amazon, but growth sales
Singles' Day is a gauge of Chinese consumer sentiment and also a shop window for Alibaba as it plans sale of $15 bn worth of shares.
 "Alibaba's Singles' Day sales hit $38 bn to beat Amazon, but growth sales")
