Alibaba smashed its record for the online retail blitz known as Singles Day. China’s biggest e-commerce company said sales topped $30 billion over a 24-hour period Sunday, soaring past last year’s record of about $24 billion. The shopping extravanganza regularly…
Alibaba’s Jack Ma to step down in September 2019 (BBC)
Jack Ma, the executive chairman of Chinese e-commerce giant Alibaba, has said he plans to step down in a year. The news, in a letter sent by Mr Ma to Alibaba customers and shareholders, follows conflicting reports over the weekend…
