Jack Ma

Alibaba led New Retail is an innovative concept that has the power to give an edge to offline retailers to win over online players.

After the recent eCommerce related guidelines by Indian government, Alibaba can set up its own business under the marketplace model.

Alibaba's Jack Ma seems to have a cracker of a diwali gift for Paytm, one of the largest m-commerce companies in India.

In one corner is Jack Ma's Alibaba, which holds the title as the country's biggest online retailer. In the other are China's banks.

Chinese e-commerce giant Alibaba's founder and executive chairman,Jack Ma revealed his vision for the future of the company while speaking at a luncheon with the Economic Club of New York.

Chinese online retail giant Alibaba group's founder-chairman Jack Ma has recently advised India to focus on'globalisation,rather than Americanisation.

Riding the crest of the world's biggest IPO, Jack Ma, founder of e-commerce giant Alibaba, has become the richest man in China with a fortune of USD 24.4 billion, says PTI citing the annual list of the country's wealthiest people.