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China's e-payments giant Ant Group nears mammoth IPO

Agence France-Presse
Posted at Jul 20 07:03 PM

Ant Group, the online payments giant affiliated to Chinese e-commerce leader Alibaba, said Monday it had taken the first steps toward a blockbuster dual listing in Shanghai and Hong Kong that could be among the biggest in years. Read more »

Pacquiao thanks Jack Ma for fresh donation of COVID-19 test kits

Katrina Domingo, ABS-CBN News
Posted at May 15 10:32 AM

Sen. Manny Pacquiao on Thursday thanked Chinese billionaire Jack Ma after the Alibaba founder donated another 50,000 coronavirus test kits to the Philippines. Read more »

Jack Ma to donate 50,000 more COVID-19 test kits to Philippines, says Pacquiao

ABS-CBN News
Updated as of May 07 09:55 AM

Chinese billionaire Jack Ma will give 50,000 more COVID-19 test kits to the Philippines, Sen. Manny Pacquiao said Thursday. Read more »

PGH eyes regular virus check for its workers, can't use Jack Ma test kits yet

ABS-CBN News
Posted at Apr 02 10:26 AM

The Philippine General Hospital said Thursday it wanted to regularly screen its workers for COVID-19 and would not be able to use yet thousands of test kits that Chinese billionaire Jack Ma donated. Read more »

COVID-19 test kits donated by Jack Ma to undergo validation first: expert

ABS-CBN News
Updated as of Mar 29 10:26 AM

The COVID-19 test kits donated by Chinese billionaire Jack Ma will have to undergo evaluation and validation within a week or so before it can be used, an infectious disease expert said Sunday. Read more »

Philippines receives first batch of COVID-19 aid from Jack Ma foundations

ABS-CBN News
Updated as of Mar 27 05:27 PM

Thailand, Malaysia, Indonesia and the Philippines will receive a combined total of 2 million face masks, test kits for 150,000 people, 20,000 protective suits and 20,000 face shields, the Jack Ma Foundation and Alibaba Foundation said in a joint statement. Read more »

Jack Ma to donate 500,000 face masks to help Philippines fight COVID-19

ABS-CBN News
Posted at Mar 19 04:32 PM

Delivery of the supplies from the Chinese tycoon expected to begin later this week or early next week, Finance Secretary Carlos Dominguez said in a statement.   Read more »

Jack Ma to donate 50,000 COVID-19 testing kits to PH: Pacquiao

Katrina Domingo, ABS-CBN News
Posted at Mar 17 10:03 AM

Alibaba founder Jack Ma's foundation has teamed up with Sen. Manny Pacquiao's group to donate 50,000 coronavirus disease 2019 (COVID-19) testing kits to the Philippines, the senator said Tuesday.   Read more »

Tap to delicious: How tech disrupted business in the last decade

Joel Guinto and Jessica Fenol ABS-CBN News
Updated as of Jan 07 07:57 AM

With millions of smartphones and acknowledged as one of the world's social media capitals, the Philippines is a prime market for e-commerce. Apps on smartphones have given rise to sharing instead of ownership, and virtual currencies in place of bills and coins.   Read more »

What slowdown? Chinese spend big in 'Singles' Day' shopping spree

Dan Martin, Agence France-Presse
Posted at Nov 11 05:29 PM

E-commerce leader Alibaba said that within the first 12 hours, nearly 192 billion yuan ($27.4 billion) had been spent -- apparently on pace to shatter last year's full 24-hour record of $30.7 billion. Read more »

Alibaba sets eyes on $15-billion Hong Kong listing: report

Agence France-Presse
Posted at Nov 08 05:39 PM

Alibaba is looking to scoop up between $10 billion and $15 billion in the initial public offering, Bloomberg News cited unnamed sources as saying, and is looking to hold a hearing into the move -- as mandated by the Hong Kong exchange rules -- next week. Read more »

Manny Pacquiao bumisita sa farm ni Jack Ma

ABS-CBN News
Posted at Nov 05 09:22 PM

Hot topic sa social media ang mga post ni Sen. Manny Pacquiao kasama ang Chinese billionaire na si Jack Ma. Read more »

Alibaba to resume Hong Kong listing plans as soon as November: sources

Julie Zhu and Joshua Franklin, Reuters
Posted at Oct 31 11:52 AM

Alibaba's listing would boost Hong Kong's status as a major capital markets hub. After topping global rankings in 2018 for funds raised through IPOs, the city's bourse fell behind the New York Stock Exchange and Nasdaq this year amid months of anti-government protests that have roiled the Asian financial hub.   Read more »

Mayweather responds to Pacquiao's challenge: I don't know who Jack Ma is

ABS-CBN News
Posted at Oct 30 05:13 PM

Apparently, Floyd Mayweather Jr. wasn't aware of the recent challenge posed by Manny Pacquiao and Chinese billionaire Jack Ma.   Read more »

Boxing: Pacquiao – and Jack Ma – send message to Floyd

ABS-CBN News
Posted at Oct 28 12:25 PM

Pacquiao posted a video of himself and the Chinese businessman working the mitts, before firing a shot at Mayweather. Read more »

No censorship in South China Morning Post from Alibaba, says CEO

Cathy Yang, ABS-CBN News
Updated as of Oct 18 05:15 AM

As protests in Hong Kong enter a 19th week, SCMP CEO Gary Liu said he and Alibaba's owners have not interfered in the way their journalists are covering the mass actions. Read more »

Number of China's ultra-wealthy dwindles in 2019

Agence France-Presse
Posted at Oct 10 09:05 PM

The number of ultra-wealthy individuals dipped in China this year, a report said Thursday, as the government seeks to rebalance the economy and tackle high levels of toxic debt.   Read more »

New era at Alibaba as Jack Ma rides into the sunset

Dan Martin, Agence France-Presse
Posted at Sep 11 08:16 AM

Jack Ma stepped aside as leader of the Alibaba Group on Tuesday, ending a spectacularly successful 20-year run during which the charismatic former English teacher's e-commerce company left a profound impact on China's economy.  Read more »

Alibaba founder Jack Ma steps down on 55th birthday

Reuters
Updated as of Sep 10 02:41 PM

Jack Ma, co-founder and CEO of China's largest online retailer Alibaba, is scheduled to step down from his position as the company's executive chairman on Tuesday. Read more »

Alibaba postpones up to $15 billion Hong Kong listing amid protests: sources

Reuters
Posted at Aug 21 11:19 AM

China's biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge of the matter told Reuters. Read more »