Latest Jack Ma Stories
Top Chinese online site to see transactions top 100 billion yuan in 2008 HAHGZHOU, June 16 (Xinhua) -- Taobao, Alibaba's online consumer website, expects its transaction volume to surpass 100 billion yuan (14.4 billion U.S. dollars) in 2008, a 130 percent increase from the previous year, according to Liang Chunxiao, Alibaba's vice president. Speaking at a forum in Hangzhou, capital of east Zhejiang Province. Liang said with the rapid growth in China's e-commerce market, Taobao's customer...
BEIJING and MENLO PARK, Calif., March 19 /PRNewswire/ -- Northern Light Venture Capital (NLVC), a China-focused venture capital firm, today announced the appointment of John Wu as venture partner. Mr. Wu will be based out of NLVC's Shanghai office and is responsible for evaluating and seeking new investment opportunities in early and growth stage opportunities in consumer and technology enabled businesses. He brings in more than a decade of technical and management experience at leading...
SHANGHAI -- Online auctioneer eBay Inc. said on Monday it expects its China transaction volume to jump 30 percent or more in 2005, amid an aggressive expansion including a local launch of its PayPal online payment service."Based on our first quarter simple calculation of $100 million (in transaction volume), our full year should reach $400 million," eBay's China Chief Operating Officer James Zheng told Reuters at an event to announce the launch of the company's PayPal service in...
