Alibaba reports Q1 revenue up 7% YoY to ~$32.8B, below $33B est., and net income up 279% to ~$1.7B, partly due to its equity investment gains; BABA drops 5%+
Crypto Sentiment Shifts Cissy Zhou / Nikkei Asia : Alibaba's Q1 revenue falls short as international e-commerce falters Bill McColl / Yahoo Finance : Alibaba Misses Forecasts on Chinese Consumer Slowd...
Ant Group files for IPO in Hong Kong and Shanghai, reporting $3.2B profit in H1 2020, up 1,000% YoY, and revenue of $10.48B, up 38% YoY
- Ant Group, which is still controlled by Alibaba founder Jack Ma, reported a more than 1,000% jump in profits in the first half of 2020 from the same period last year.
Xiaozhu, China's Airbnb, raises $120M led by Jack Ma-backed Yunfeng Capital bringing the total raised to $270M
Meng Jing / South China Morning Post :
Profile of Alibaba's Jack Ma, a fervent evangelist of global trade and small businesses, who is now focused on company's international expansion
Jack Ma is one of China's richest men, with a fortune valued at nearly $30 billion. As executive chairman of Alibaba Group …
Alibaba broke its Singles' Day record with sales reaching $17.8B, topping last year's $13.4B
Jack Ma Enlists Scarlett Johansson to boost shopping at event — 24-hour shopathon kicks off with fanfare amid China slowdown — Alibaba Group Holding Ltd. is on track to smash its Singles …
Alibaba broke its Singles' Day record with sales reaching $15B by 8pm in China, topping last year's $13.4B
Jack Ma Enlists Scarlett Johansson to boost shopping at event — 24-hour shopathon kicks off with fanfare amid China slowdown — Alibaba Group Holding Ltd. is on track to smash …
Cadre raised $68M over the past year and a half from Peter Thiel, Jack Ma, Yuri Milner, others for its real estate trading platform for high-wealth individuals
Alyson Shontell / Tech Insider : Thanks: @ajs
Cadre raised $68M over the past year and a half from Peter Thiel, Jack Ma, Yuri Milner, others for its real estate trading platform for high-wealth individuals
Alyson Shontell / Tech Insider : Tweets: @jasonlk . Thanks: @ajs Tweets: Jason M. Lemkin / @jasonlk : pretty cool that this works at a platform http://twitter.com/... Thanks: @ajs
Profile of Fan Bao, investment banker behind some of the biggest Chinese tech deals, like the $6B Didi Dache-Kuaidi Dache merger, and JD.com's $2B IPO
Searching for the Next Jack Ma — Fan Bao and his ‘Alpha Team’ of investment bankers are scouring China's startup scene to uncover a new wave of technology giants.