Jack Ma Outlines The Path To His Exit From Alibaba

Jack Ma is making plans for a future after Alibaba Group Holding Ltd., the business he co-founded and turned into Asia’s most valuable company. Ma will unveil succession plans Monday and work on the transition over a significant period of time, according to the South China Morning Post, the Hong Kong newspaper owned by Alibaba. China’s richest man explained in an interview…

Anyone Expecting China To Concede Defeat To U.S. Over The Trade War Should Read About Biobase Group

The Chinese manufacturer of laboratory equipment once struggled to win orders even at home in an industry dominated by foreign products. But the company’s prospects have brightened as the trade war prompts customers to turn to domestic alternatives. “The local market was heavily reliant on imports,” Biobase’s chairman was quoted as saying. “Now, it’s different. Opportunities beckon. The story is from the…

Jack Ma Sets Out Retirement And Succession Process

Jack Ma is reportedly sets out his plans for retirement as executive chairman of Alibaba and the company’s future leadership, which also marks the billionaire’s 54th birthday. Ma will lay out a long-term succession plan for Alibaba, the $420 billion e-commerce empire he co-founded in 1999, that will be carried out over a “significant period of time,” the South China Morning…

Google Is Now Worth A Staggering $800 Billion And Growing

The search engine named Google has morphed into a dominating force in smartphones, online video, email, maps and much more twenty years after Larry Page and Sergey Brin set out to organize all of the internet’s information. That resounding success now has regulators and lawmakers around the world questioning whether the company has become too powerful as its ubiquitous services vacuum up sensitive information…

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