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News and Events

Only 54, Alibaba Founder Jack Ma Announces Retirement in a Year. Here's His Letter Explaining Why

"The world is big, and I am still young, so I want to try new things," says China's second-richest man

China’s second-richest man Jack Ma announced on Monday, September 10, that he is retiring a year from now as chairman of Alibaba, the online store he helped found in a small apartment in the late 1990s. The e-commerce company is now one ...

by Elyssa Christine Lopez  | September 11, 2018 05:00:00
Run & Grow

The 5-Hour Rule Used by Bill Gates, Jack Ma and Elon Musk

The most successful people are also the likeliest to devote an hour a day to reading and learning

You just walked in the door from an exhausting day at work. You’re hungry and spent, just wanting to catch your breath for a minute. You grab something to eat and then veg out in front of the TV. Next thing you ...

by John Rampton  | August 02, 2018 12:00:00
Startup Tips

6 Valuable Lessons About Money From the World's Most Famous Billionaires

Find out what Bill Gates, Oprah Winfrey and Jack Ma think about managing all that cash.

 Managing your money, for both your business and in your personal life, can be a daunting prospect. With the new year, many of us are thinking about how we can best allocate our resources and set budgets that will help reap the ...

by Nina Zipkin  | May 13, 2018 08:00:00
News and Events

Meet 10 Super-Rich Asian Moguls

From Samsung's Lee Kun-hee to Alibaba's Jack Ma, here are some of the most prominent Asian billionaires

Lately, Asia's super-rich have been getting richer and richer. Just last year, Forbes reported that Asia was home to the highest number of billionaires in the world, outnumbering billionaires in both Europe and the U.S. But where do these tycoons' businesses actually ...

by Paolo Chua for TownandCountry.ph  | April 27, 2018 12:00:00
News and Events

Why is the PH Gov’t Turning to Jack Ma’s Ant Financial to Lower Remittance Costs for OFWs?

The new Overseas Filipino Bank could be the platform for Ant Financial’s low-cost mobile payment tech

The Department of Finance (DOF) announced on Thursday, February 8, that they are looking to tap Chinese tycoon and Alibaba founder Jack Ma’s Ant Financial Services Group to lower remittance costs for overseas Filipino workers. Ant Financial is Alibaba’s financial technology (fintech) ...

by Pauline Macaraeg  | February 12, 2018 10:00:00
News and Events

Gov’t to Tap Jack Ma to Help Craft Strategy to Speed Up Digital Shift for Micro and Small Businesses in PH

Finance secretary and other top officials to meet Alibaba founder on Feb. 1

Finance Secretary Carlos Dominguez is set to meet with Alibaba founder and Chinese billionaire tycoon Jack Ma in Hangzhou, China for discussions on financial regulations in the midst of e-commerce growth on February 1.“We will look at the financial regulations in China ...

by Elyssa Christine Lopez  | January 29, 2018 05:00:00
Startup Tips

6 Signs Your Child May Be a Future Jack Ma, Socorro Ramos or Injap Sia

Their childhood reveals traits and skills that led to their successful future

Every parent has their own dream of what their child might be when he or she grows up. If you've ever pictured your little one as one the Philippine's next business magnate (and billionaire!), here are signs that your dreams may just ...

by Jill Castillo for SmartParenting.com.ph  | November 21, 2017 12:00:00
News and Events

Jack Ma is Poised to Disrupt PH’s Trade and Payments System, and Why That’s a Good Thing

The Alibaba founder has stakes in the country’s biggest online store and leading fintech company

Jack Ma (second from left) walks with his Philippine partners Jaime Augusto Zobel de Ayala and Fernando Zobel de Ayala. Ma's Ant Financial has a stake in Mynt, Globe Telecom's fintech unit, its first investment in the Philippines.With more than 276,000 viewers ...

by Pauline Macaraeg and Lorenzo Kyle Subido  | October 27, 2017 05:00:00
News and Events

GCash, PayMaya Move Closer to Emulating Jack Ma's Cashless Payment System for PH

The two leading mobile wallets launched scan-to-pay features to ease payments for brick-and-mortar retailers

The country’s two leading telco-powered mobile wallets, Smart Communications’ PayMaya and Globe Telecom’s GCash, rolled out a new “scan to pay” feature that allows users to scan quick response (QR) codes with their smartphones in order to pay for products and services ...

by Lorenzo Kyle Subido  | October 25, 2017 03:00:00
News and Events

20 Crazy Things We've Learned About Alibaba Billionaire Jack Ma

From getting kidnapped to dressing up as Michael Jackson, the Alibaba founder has a lot of wacky stories to tell

As someone who rose from being rejected from Harvard 10 times to becoming the second-richest man in China, Jack Ma’s rags to riches story is inspiring. Through persistence and experimentation, Ma built one of the most successful, record-breaking companies to date, the ecommerce giant Alibaba.Of course, ...

by Rose Leadem  | October 25, 2017 01:00:00
News and Events

"I Tried to Test the Speed of Philippine Internet. It's No Good" and Other Notable Quotes from Jack Ma at DLSU

These quips resonated the most with viewers of FB Live coverage of the Alibaba founder's remarks

The De La Salle University (DLSU) conferred an honorary doctorate degree in technopreneurship to Jack Ma (real name Ma Yun), founder and executive chairman of Chinese online ecommerce giant Alibaba Group, on Wednesday, October 25.The world’s 23rd richest man and second richest ...

by Pauline Macaraeg  | October 25, 2017 01:00:00
News and Events

Millions and Mentorship Up for Grabs in New PH Reality TV Show

Here's a chance to win fame and funding from successful entrepreneurs behind Potato Corner, SL Agritech, Calata Corp. and MFT Group

Final Pitch judges and investors (from left): Henry Lim Bon Liong of SL Agritech, Joseph Calata of Calata Corp., Mica Tan of MFT Group, Jose "Joemag" Magsaysay of Potato Corner, and TV host John Aguilar.A Philippine television production company has launched a ...

by Entrepreneur Staff  | February 07, 2017 06:00:00
News and Events

Jack Ma on Why Alibaba Isn't the Chinese Amazon

The serial entrepreneur says there’s no single business model to succcess

Though they are both global ecommerce companies that were founded in the 1990s and have names that begin with the letter A, Jack Ma wants you to know that's all Alibaba and Amazon have in common.In a conversation at the World Economic Forum in ...

by Nina Zipkin  | January 25, 2017 12:00:00
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