Jack Ma
Jack Ma Embarks On New Agricultural Venture, 'Ma's Kitchen Food'
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Jack Ma Embarks On New Agricultural Venture, ‘Ma’s Kitchen Food’

Jack Ma has fueled speculation about his upcoming ventures by initiating a new project, “Hangzhou Ma’s Kitchen Food,” marking his return to business activities following a period of reduced visibility amid a government crackdown on his companies, Alibaba and Ant Group. With an initial capital of 10 million yuan ($1.4 million), the company is registered […]

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Alibaba May Sale Consumer Assets Including Freshippo, RT-Mart
Brands E-commerce & Marketplaces News

Alibaba Reports Higher-than-anticipated Quarterly Revenue

Alibaba Group Holding announced higher-than-expected quarterly revenue on Thursday, as the Chinese e-commerce giant benefitted from the country’s relaxation of Covid-19 restrictions. The firm has withstood China’s sluggish economy, which just loosened its zero-COVID policy last December after three years. Sales increased 2 per cent to 247.76 billion yuan (USD 35.92 billion) in the fiscal […]

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