International Finance

Tag : Jack Ma

Banking

Alibaba’s Jack Ma promises to bring one million jobs to the US

Met US president-elect Donald Trump to discuss his plans IFM Correspondent January 12, 2017: During his electoral campaign, Donald Trump often targeted China, blaming the country for US job losses and vowing to impose 45 percent tariff on Chinese imports. He also promised to call China a currency manipulator on his first day in office....
Fintech

Chinese tourists in UK can use Alipay app

Alipay ropes in Zapper as mobile partner to enable over 250,000 Chinese visiting the UK to use the app in over 1,000 locations nationwide October 13, 2016: Alipay, the world’s leading mobile payment platform run by Ant Financial Services Group, has partnered with Zapper, the fast growing consumer insights and marketing platform which is enabled...
Business Leaders

SoftBank to sell Alibaba shares, raise $7.9 billion

But will continue to be the largest shareholder of the ecommerce giant June 3, 2016: Japan’s SoftBank announced that it will sell at least $7.9 billion in shares of China-based ecommerce giant Alibaba to raise capital. Softbank is Alibaba’s largest shareholder. It owns about 32 percent of the shares. The transactions will bring the figure...