China Tech Titan Alibaba Plans Stock-Market Homecoming

Julie Steinberg and Liza Lin
Wall Street Journal
Technology giant Alibaba Group Holding Ltd. is working on a plan to list on a stock exchange in its home market, China, according to people familiar with the matter, more than three years after its blockbuster initial public offering in New York.

‘Globalism with Chinese Characteristics’ Is on Display in Davos. but It's Not Everything It Seems

CNBC
President Xi Jinping wasn't present at this year's World Economic Forum meeting in Davos, Switzerland, but the impact of his speech championing globalization at last year's gathering lingered...

Alibaba’s Jack Ma Thinks He Knows How to Save China's ‘Left-Behind Children’ — He’s Asking Other Entrepreneurs to Buy In

Karen Gilchrist
CNBC
The founder and executive chairman of e-commerce behemoth Alibaba said that investing in rural boarding schools could provide a solution for China’s “left-behind children” and ensure a more prosperous future for the next generation.

Alibaba Is Coming to Detroit to Sell Small Businesses the Chinese Dream

Josh Horwitz
Quartz
The Chinese e-commerce giant is pulling out all the stops to impress America at Gateway ’17, its biggest-ever public event in the United States.

Books

06.13.17

Fortune Makers

Michael Useem, Harbir Singh, Liang Neng, Peter Cappelli
Fortune Makers analyzes and brings to light the distinctive practices of business leaders who are the future of the Chinese economy. These leaders oversee not the old state-owned enterprises, but private companies that have had to invent their way forward out of the wreckage of an economy in tatters following the Cultural Revolution.Outside of brand names such as Alibaba and Lenovo, little is known, even by the Chinese themselves, about the people present at the creation of these innovative businesses. Fortune Makers provides sharp insights into their unique styles—a distinctive blend of the entrepreneur, the street fighter, and practices developed by the Communist Party—and their distinctive ways of leading and managing their organizations that are unlike anything the West is familiar with.When Peter Drucker published Concept of the Corporation in 1946, he revealed what made large American corporations tick. Similarly, when Japanese companies emerged as a global force in the 1980s, insightful analysts explained the practices that brought Japan’s economy out of the ashes—and what managers elsewhere could learn to compete with them. Now, based on unprecedented access, Fortune Makers allows business leaders in the United States and the rest of the West to understand the essential character and style of Chinese corporate life and its dominant players, whose businesses are the foundation of the domestic Chinese market and are now making their mark globally. —PublicAffairs{chop}

Alibaba Predicts Strong Sales in a Sign of Strength from China

New York Times
The Alibaba Group signaled on Thursday that for all the global worries about China’s rising debt and bloated state industries, its economy still enjoys a strong pillar of support: online shoppers.

Sinica Podcast

06.07.17

Kai-Fu Lee on Artificial Intelligence in China

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
Kai-Fu Lee is one of the most prominent figures in Chinese technology. He founded China’s noted early-stage venture capital firm Sinovation Ventures after launching and heading up Google’s China operations during their years of growth from 2005 to...

China’s Strength and Its Shopping Lift Alibaba’s Results

paul mozur
New York Times
Jack Ma, Alibaba’s founder, will host a conference in Detroit next month to help small businesses learn about the company.

Alibaba Acts on Vow about 1m U.S. Jobs

Paul Welitzkin
China Daily
Jack Ma announced on Tuesday that Alibaba will host a two-day conference in Detroit in June to teach U.S. businesses how to sell to the company’s 443 million customers in China on the world’s biggest e-commerce site.

Conversation

09.13.16

Can China’s Best Newspaper Survive?

Isaac Stone Fish, David Schlesinger & more
On September 9, the South China Morning Post’s Chinese-language website went dark with little explanation, leading to concerns that censorship might next spread to the newspaper’s English-language coverage. Can Alibaba’s founder, Jack Ma, who has...

The South China Morning Post Has Suddenly Shut Down Its Chinese-language Website

Ilaria Maria Sala
Quartz
In one fell swoop, years of reporting from SCMP is gone.

Alibaba Faces Backlash Over Promises on Counterfeits

Kathy Chu
Wall Street Journal
E-commerce giant has said it would spare no expense in cracking down on sellers of fake goods on its sites; Ma’s latest comments irk brands.

Books

05.05.16

Alibaba

Duncan Clark
In just a decade and half, Jack Ma, a man from modest beginnings who started out as an English teacher, founded and built Alibaba into one of the world’s largest companies, an e-commerce empire on which hundreds of millions of Chinese consumers depend. Alibaba’s $25 billion IPO in 2014 was the largest global IPO ever. A Rockefeller of his age who is courted by CEOs and Presidents around the world, Jack is an icon for China’s booming private sector and the gatekeeper to hundreds of millions of middle class consumers.Duncan Clark first met Jack in 1999 in the small apartment where Jack founded Alibaba. Granted unprecedented access to a wealth of new material, including exclusive interviews, Clark draws on his own experience as an early adviser to Alibaba and two decades in China chronicling the Internet’s impact on the country to create an authoritative, compelling narrative account of Alibaba’s rise.How did Jack overcome his humble origins and early failures to achieve massive success with Alibaba? How did he outsmart rival entrepreneurs from China and Silicon Valley? Can Alibaba maintain its 80 percent market share? As it forges ahead into finance and entertainment, are there limits to Alibaba’s ambitions? How does the Chinese government view its rise? Will Alibaba expand further overseas, including in the U.S.? Clark tells Alibaba’s tale in the context of China’s momentous economic and social changes, illuminating an unlikely corporate titan as never before. —HarperCollins{chop}

Green Space

12.22.15

Nu River Saved, Jack Ma Buys Preservation Land

Michael Zhao
A great piece of news came from China on the night of December 16, that the Yunnan provincial government in southwest China has announced its decision to not develop hydro-electric projects on the Nu River, also known as the Salween (link in Chinese...

Conversation

12.15.15

Can an Alibaba ‘Morning Post’ Aid China’s Image Overseas?

Bethany Allen-Ebrahimian, David Wertime & more
Chinese e-commerce giant Alibaba is buying the Hong Kong media group of the South China Morning Post (SCMP), the leading independent English-language newspaper in the former British colony where freedom of the press has resisted control by the...

Media

12.14.15

R.I.P. SCMP?

Bethany Allen-Ebrahimian & David Wertime
On December 11, Chinese Internet behemoth Alibaba announced that it had reached an agreement to acquire Hong Kong’s flagship English-language newspaper, the South China Morning Post (SCMP). The announcement came as no surprise, as the ailing paper...

Alibaba Film Chief Grants First Interview: What China Can Do for Hollywood

Patrick Brzeski
Hollywood Reporter
In her first sit-down since becoming Jack Ma's top global film exec, Zhang Wei reveals what China's web giant can offer Tinseltown...

Mission Improbable—Jack Ma, China’s Biggest E-Commerce Tycoon, Wants To Be a Media Mogul Too

Economist
Jack Ma, Alibaba’s billionaire boss, wants to be a global media mogul.

Jack Ma to US: Quit Worrying So Much About China

Everett Rosenfeld
CNBC
"You American people worry too much about the China economy," Ma said at the annual Clinton Global Initiative meeting...

Alibaba Names Former Goldman Sachs Executive as President

Michael De La Merced
New York Times
Alibaba on Tuesday named J. Michael Evans, who already serves on its board, as its president.

Alibaba is Selling US E-Commerce Site 11 Main Just a Year After it Opened

Josh Horwitz
Quartz
Alibaba’s been more tentative in the U.S. than it has in China, because it is a latecomer in a mature market.

Alibaba’s Jack Ma Visiting U.S. to Lure Businesses Into China

Spencer Soper
Bloomberg
Ma is looking for revenue beyond China, where the nation’s economy is projected to grow at its slowest pace since 1990.

Chinese Investment Banker Fan Bao Searches for Next Jack Ma

William Mellor and Lulu Yilun Chen
Bloomberg
If successful, the combined Didi and Kuaidi Dache could join Internet giants Baidu, Alibaba, and Tencent.

Why India’s E-Commerce Boom Will Look Nothing Like China’s

Shelly Walia
Quartz
In five years, the number of Indians with internet access is estimated to reach the level of China back in 2012.

Who’s Afraid of China’s Economy Slowing? Not Alibaba’s Jack Ma

Nadia Damouni
Reuters
"If China still keeps 9 percent growth of the economy there must be something wrong. You will never see the blue sky. You will never see quality. China should pay attention to the quality of the economy," he said in a question-and-answer...

Environment

01.07.15

A Post-Mortem on Jack Ma’s Hunting Trip

from chinadialogue
In 2014, just before the U.S. IPO of his company Alibaba, Jack Ma became caught up in a debate sparked by a hunting trip he took to the U.K.. My colleagues and I at chinadialogue had an idea: rise above that debate and look at the facts.The U.K...

Alibaba Founder Jack Ma Tops China Rich List

BBC
E-commerce mogul Jack Ma has become China's richest person following Alibaba's record share listing, according to a wealth survey by the Hurun Report. Ma tops its annual rich list with a fortune of $25 billion. ...

Alibaba Begins Wooing Wall Street

Michael J. De La Merced
New York Times
On Monday, Ma, the company’s executive chairman and co-founder, told a crowd of more than 800 potential investors gathered for the first big marketing pitch for Alibaba’s initial public offering, that he was back to ask for a little more money.

The Jack Ma Way

David Barboza
New York Times
At Alibaba, the founder Is squarely in charge ahead of the e-commerce giant's U.S. initial public offering...

As Its Initial Offering Nears, Alibaba Gets Ready for a Splashy Debut

Michael J. De La Merced
New York Times
The Chinese Internet commerce giant's whirlwind tour, which will encompass 100 meetings in 10 days, will begin not in Hong Kong but in New York, where shares of the company are expected to begin trading on Sept. 19...

Environment

09.04.14

Alibaba Founder Shoots Himself in the Foot with UK Hunting Trip

from chinadialogue
Jack Ma, founder of e-commerce platform Alibaba and chairman of The Nature Conservancy’s China Program, has drawn hostile fire from environmentalists after a British newspaper recently reported he hunted stags in Scotland in 2012. What’s more, Ma...

Conversation

07.24.14

Alibaba: How Big a Deal Is It?

David Wolf & Duncan Clark
When Chinese e-commerce giant Alibaba goes public some time after Labor Day it is expected be one the largest initial public offerings in history. This week, a story in The New York Times shed light on ties between Alibaba and the sons and grandsons...

Alibaba’s IPO Could Be a Bonanza for the Scions of Chinese Leaders

Michael Forsythe
New York Times
Firm didn't reveal deep political connections of its investment backers, Boyu Capital, Citic Capital Holdings and CDB Capital...

Alibaba Founder’s Recent Deals Raise Flags

Juro Osawa
Wall Street Journal
Some investments by Jack Ma and partners were made on behalf of Alibaba or funded by a loan from the company.

Alibaba Acquires UCWeb, Maker Of China’s Most Popular Mobile Browser

Catherine Shu
TechCrunch
Alibaba, already an investor in UCWeb, will buy all remaining shares of the web browser and search company. The two firms announced the merger, one of the most significant among Chinese Internet companies to date, earlier today.

Alibaba Works Magic for China's Taobao 'Treasure Hunters'

Callum MacLeod
USA Today
Alibaba's eBay-like marketplace Taobao allows budding entrepreneurs to set up and run an online store, for free. The site has steven million sellers offering hundreds of millions of items...

Media

03.26.14

A Wrinkle to Those Hot Chinese Tech IPOs

Investors, ready your wallets. In the past week, Sina Weibo, China’s massive microblogging platform with 280 million users, and Alibaba, the operator of China’s largest online marketplace which generated $1.84 billion in revenue in the fourth...

Alibaba Duels With Tencent for Online Dominance in China

Lulu Yilun Chen
Bloomberg
Two of China’s richest men are intensifying their rivalry over the world’s biggest Internet market. Both have made purchases and encroached on each other’s established markets in the battle for dominance of the country’s online spending...

Reporter Who Interviewed Jack Ma Resigns

WSJ: China Real Time Report
Liu Yi, the reporter who interviewed Mr. Ma, resigned on July 19, according to a statement on the SCMP’s site. The interview generated controversy online as Mr. Ma was quoted as saying the 1989 crackdown on protesters in Tiananmen Square...

Billionaire Jack Ma Makes About-Face, Praises Chinese Government

Oiwan Lam
Global Voices
Prominent Chinese Internet entrepreneur Jack Ma has in the eyes of some shattered his independent image during a recent newspaper interview in which he applauded China for its online censorship and brutal, strong-arm tactics. 

Morgan Stanley's Latest Alibaba Estimates Suggest It's Worth $66 Billion-$168 Billion

Eric Jackson
Forbes
The most relevant comparison is to Tencent which is still the biggest Chinese Internet company still experiencing rapid growth – albeit at a slightly slower pace than Alibaba.  (Tencent did $1.88 billion in the last year and is currently...

Jack Ma Is the Loneliest Billionaire in China

Bruce Einhorn and Frederik Balfour
Businessweek
It’s been a rough 18 months for Chinese Internet tycoon Jack Ma, founder and chairman of the Alibaba Group, a sprawling conglomerate of Web companies. Early in 2011 a fraud scandal hit his business-to-business e-commerce site, Alibaba.com. At...

Sinica Podcast

05.20.11

Inscrutable China

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
It may be because we’ve yet to finish Henry Kissinger’s latest book on the subject, but we’ll admit to having found life in China a bit more inscrutable than normal these past few weeks, and all evidence suggests we’re not alone. Seen through the...