Backed by Chinese e-commerce giant Alibaba, Ant plans to list simultaneously in Hong Kong and on Shanghai's STAR Market in the coming weeks.
Stock market analysts in Asia clearly do not agree on who will win the U.S. presidential election. But they're pretty unified on how they plan to play it.
Klarna is mostly known for its "buy now, pay later" scheme that offers shoppers interest-free financing over a period of installments.
Culture is critical for any company, often meaning the difference between a business that inspires and one that simply functions. And for Chinese technology giant Alibaba, culture comes down to 3 key factors.
Leading a company through a crisis is no mean feat For those that get it right, it can be an opportunity to set the business apart from the pack, according to Alibaba's executive vice chairman.
The departure of Jack Ma, who retired as Alibaba's executive chairman in September, comes as he pulls back from formal business roles to focus on philanthropy.
"New York is in crisis. Help New York," Gov. Andrew Cuomo said Friday.
Apple more than doubled its donation to China's efforts to fight COVID-19 to over $7 million, CEO Tim Cook posted on Weibo, weeks after the iPhone maker said it had opened all its 42 stores in one of its largest markets.
U.S. stock futures turned positive Monday morning after the Federal Reserve pledged asset purchases with no limit to support markets.
U.S. stock futures hit their 5% "limit down" overnight as a massive coronavirus funding package failed a key Senate procedural vote. But futures then moved higher Monday on a new Fed pledge.
"By far the best investment you can make is in yourself," Buffett said in April.
Alibaba co-founder Jack Ma said he hoped the government would give people a half day off of work for future Singles Day events.
Despite the U.S.-China trade war and slowing growth in the world's second largest economy, the total wealth of those listed on the 2019 Forbes China Rich List rose.
Billionaire entrepreneur Jack Ma may have founded one of China's most successful technology companies Alibaba. But he says that even he would have a tough time securing a job there today.
When Alibaba Group founder Jack Ma retired as the company's chairman last month, it was not a move he took lightly. In fact, it was a decision 10 years in the making.
Chinese technology giant Alibaba Group is the target of some 300 million attempted cyber attacks per day, according to the company's founder and former executive chairman, Jack Ma.
While Zhang says he gives Alibaba employees the opportunity to test new ideas, he's "very tough" once a decision has been made, and wants his teams to deliver concrete results.
Fintech partnerships give banks the chance to experiment without creating costly in-house projects.
From facial recognition security to unmanned vehicles, Alibaba's corporate campus is more than just an office, it's an incubator for all things tech. CNBC's gets a rare look inside the company's headquarters in Hangzhou, China.
Jack Ma, with 18 others, founded Alibaba in 1999 and worked out of his apartment. CNBC takes a look at the key moments in Alibaba's history.