US

Billionaire Alibaba CEO Jack Ma is the star of an ultra-popular kung fu film

Business Insider’s Henry Blodget and Sara Silverstein discuss Alibaba CEO Jack Ma’s latest foray into entertainment, which involves a kung-fu short film, where he takes on eight attackers using his tai chi skills. The movie has been viewed more than 100 million times, with many celebrity cameos, which might mean […]
Billionaire Alibaba CEO Jack Ma is the star of an ultra-popular kung fu film
News

Alibaba sees Australian fresh produce as its next big opportunity for growth

The business world may be enthralled with Amazon’s moves to become a major supermarket player, but Chinese e-commerce giant Alibaba says it is already strides ahead and is opening up new ways for Australia food producers to access its more than half-a-billion customers. Alibaba has been an important avenue for […]
Alibaba sees Australian fresh produce as its next big opportunity for growth
US

The looming war between Alibaba and Amazon

Alibaba has been one of the best-performing mega-cap stocks of the year, surging 100%. Most recently, they had a blockbuster quarterly earnings report, and hedge fund manager David Tepper took a large stake in the company. It’s now closing the gap on Amazon, another rapidly-growing tech giant. Business Insider executive […]
The looming war between Alibaba and Amazon
US

THE BOTTOM LINE: Gary Shilling on expensive stocks and Alibaba vs. Amazon

This week: Alibaba has been one of the best-performing mega-cap stocks of the year, surging 100%. Most recently, they had a blockbuster quarterly earnings report, and hedge fund manager David Tepper took a large stake in the company. It’s is now closing the gap on Amazon, another rapidly-growing tech giant. […]
THE BOTTOM LINE: Gary Shilling on expensive stocks and Alibaba vs. Amazon
US

Fidelity portfolio manager: Alibaba is ‘leapfrogging’ the competition and shows no signs of slowing

Bill Kennedy, a portfolio manager at Fidelity investments, spoke to Henry Blodget about Alibaba, which he sees leap-frogging traditional brick-and-mortar retailers and completely dominating the online market. Kennedy discusses the company’s geographical growth prospects, and says there’s still a lot of unrealized opportunity in China. He also talks about possible […]
Fidelity portfolio manager: Alibaba is ‘leapfrogging’ the competition and shows no signs of slowing
News

PHOTOS: Here’s our first look inside Alibaba’s Melbourne headquarters

Jack Ma, the second wealthiest man in China, opened headquarters in Australia for his e-commerce company Alibaba in February. “Alibaba Group will help Australian and New Zealand businesses share their world-famous products with billons of customers around the world,” he then said. Here’s a quick look inside the Collins Street […]
PHOTOS: Here’s our first look inside Alibaba’s Melbourne headquarters
News

10 things you need to know this morning in Australia

Good morning. 1. First, to markets, where it wasn’t a great week for Australian stocks. Four out of five days were in the red, leaving the ASX200 down 1.6% for the week. But US stocks lifted after President Trump announced a plan to roll back financial regulations and futures traders […]
10 things you need to know this morning in Australia
Tech

JACK MA: ‘If trade stops, war starts’

MELBOURNE — Chinese tech billionaire Jack Ma made headlines last month for visiting Donald Trump and announcing his company Alibaba would help create one million jobs for the United States. On Saturday in Australia, he warned in no uncertain terms that a retreat from globalisation would only result in trouble. […]
JACK MA: ‘If trade stops, war starts’
Tech

Jack Ma just opened Alibaba Australia and New Zealand in Melbourne

MELBOURNE — The second wealthiest man in China, Jack Ma, has opened an Australian and New Zealand headquarters for his e-commerce company Alibaba. Ma launched the Melbourne office today in front of more than 350 business and political figures keen to see the man that built a fortune worth at […]
Jack Ma just opened Alibaba Australia and New Zealand in Melbourne
Tech

This is the tangled future of tech and transportation

When Didi Chuxing merged with Uber China in a $35 billion mega-merger last August, it created a partnership between the two biggest ride-hailing companies in the world. But it also further complicated the already interconnected world of ride-hailing, tech, and transportation. It called into question the stability of the global […]
This is the tangled future of tech and transportation
News

Alibaba completely smashed its Singles’ Day record

This story was delivered to BI Intelligence “E-Commerce Briefing” subscribers. To learn more and subscribe, please click here. Alibaba broke its sales record from last year’s Singles’ Day just 20 hours into the event, China’s biggest online shopping holiday of the year. The e-commerce giant’s sales dwarf Cyber Monday, the […]
Alibaba completely smashed its Singles’ Day record
Markets

Commonwealth Bank is bringing China’s Alipay to Australia

The Commonwealth Bank has signed a deal with Alipay which will make it easier for Chinese tourists to spend here and for Australians who want to do business with China’s giant ecommerce platform Alibaba. The agreement is with Ant Financial Services Group, the Alibaba affiliate said to be China’s most valuable financial technology […]
Commonwealth Bank is bringing China’s Alipay to Australia
Tech

A Sydney VR startup has clinched funding from Alibaba’s investment fund

A Sydney startup developing a person-to-person virtual reality system has scored funding from Alibaba’s investment arm. Humense, based in the inner west suburb of Leichhardt, describes its technology as “the empowering sense of seeing and being with another human being via digital [means]”. The technology came into the public spotlight […]
A Sydney VR startup has clinched funding from Alibaba’s investment fund
Markets

Australian winemakers are targeting Chinese drinkers via Alibaba

Smaller Australian winemakers are hoping to crack the potentially lucrative Chinese market by banding together with an online stall on Tmall.com, the Alibaba-owned version of eBay. Alibaba Group accounts for half of China’s online wine sales and founder Jack Ma said earlier this year that he expects triple-digit growth in […]
Australian winemakers are targeting Chinese drinkers via Alibaba
Tech

5 things you need to know in Australian tech today

Sponsored by Barangaroo. Innovation is undoubtedly at the core of business success. Discover why some of Australia’s leading brands are locating themselves in one of the worlds most advanced and sustainable business precincts. Good morning! It’s Tuesday. Here’s what you need to know. 1. Alibaba’s global march continues. Jack Ma’s […]
5 things you need to know in Australian tech today
Tech

Chinese e-commerce giant Alibaba is opening a Melbourne office

Jack Ma’s online trading platform, Alibaba, is expanding its presence in Australia and New Zealand and will open an office in Melbourne by the end of 2016. The company already as a management team lined up, with Maggie Zhou as MD, supported by John O’Loghlen as business development director, and […]
Chinese e-commerce giant Alibaba is opening a Melbourne office
Markets

Alibaba is coming to Australia

When US internet giants mention Australia in passing – let alone actually visit the country or establish operations here – they are usually showered with media coverage. But when China’s most valuable internet company, Alibaba, announced plans to open an office in Australia last week, it barely registered a whimper. […]
Alibaba is coming to Australia
Tech

Australia Post is helping sell wine into China

Australian winemakers are spearheading a push by Australia Post into the Chinese marketplace as part of a joint-venture with the online wholesaler 1688.com 1688.com is a Mandarin-only business-to-business (B2B) online marketplace, set up by Jack Ma’s Alibaba Group in 2010 to help foreign businesses sell wholesale into China. The site […]
Australia Post is helping sell wine into China