Markets

Alibaba’s Jack Ma Is Now China’s Richest Person

Shanghai (AFP) - The largest stock offer in history has made Jack Ma, founder of e-commerce giant Alibaba, China's richest person with a fortune of $US25 billion, an annual wealth ranking in the world's second largest economy showed Tuesday.
Alibaba’s Jack Ma Is Now China’s Richest Person
News

What It’s Like To Rent A Boyfriend In China

Single women in China are under such intense pressure to find a mate that some are resorting to renting “boyfriends” online to accompany them on dates and trips to see their families. On Taobao, China’s biggest online marketplace, women can choose from hundreds of temporary companions and reserve them for […]
What It’s Like To Rent A Boyfriend In China
Tech

China’s E-Commerce Giant Alibaba Just Banned Bitcoin

Another blow for Bitcoin in China. Alibaba — the e-commerce giant — will no longer allow Bitcoin use on its site. From the FT: Alibaba said that as of January 14 it would stop its users from doing any deals in Bitcoins or other virtual currencies such as Litecoins, and […]
China’s E-Commerce Giant Alibaba Just Banned Bitcoin