Alibaba co-founder Jack Ma to retire
- 08-Sep-2018
BEIJING: Alibaba Group Ltd’s co-founder and executive chairman Jack Ma will retire from the e-commerce company on Monday. Ma, one of China’s best known corporate leaders, will remain on the company’s board of directors and continue to mentor its management, the New York Times said on Friday. Ma, who founded Alibaba in 1999, stepped down […]
Starbucks now pairing up with Alibaba for coffee delivery
- 02-Aug-2018
SHANGHAI: Starbucks Corp is partnering with Alibaba to deliver its coffee in Chinese cities, betting the move will revive sales growth in its second-largest market that is witnessing aggressive competition from local coffee start-ups. Starbucks flagged in June that it was pursuing such a tie-up after reporting a sudden slowdown in China sales growth, which […]
‘Government welcomes Alibaba Group to Pakistan’
- 19-Apr-2017
ISLAMABAD: Federal Minister for Commerce Engr Khurram Dastgir Khan on Tuesday said online shopping service provider Alibaba Group can become an important part of the Pakistan’s digital economy and can play a significant role in its growth in decades to come. “Government of Pakistan welcomes Alibaba Group to Pakistan and will extend full support and […]
Dar appreciates Alibaba Group’s interest in Pakistan’s e-commerce sector
- 04-Mar-2017
ISLAMABAD: The e-commerce sector in Pakistan has been doubling every year and is projected to surpass one billion dollars in 2020, Finance Minister Ishaq Dar said while receiving a delegation of the Alibaba Group led by Mr. Max Bittner on Friday. The finance minister appreciated the group’s interest to invest in e-commerce sector of Pakistan, and also urged them to […]