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Top stories summarized by our editors
Top stories summarized by our editors

Investors turn away from big tech stocks

10/7/2019

The NYSE FANG+ Index, which contains major global technology firms like Facebook, Google, Apple, Tesla and Alibaba, has underperformed the broader market by almost 10% over the past year.

Investors turn away from big tech stocks

10/7/2019

The NYSE Fang-plus index, which contains major global tech firms like Facebook, Google, Apple, Tesla and Alibaba, has underperformed the broader market by almost 10% over the last year.

Richemont, Alibaba partner on luxury Tmall shop

10/1/2019

Alibaba Group Holding and luxury conglomerate Richemont have launched an online store on Tmall called Feng Mao that will feature 130 upscale brands including Jimmy Choo, Tom Ford and Cartier. Promotions for the venture will launch next week to raise awareness ahead of the Singles' Day shopping event on 11 Nov.

How Alibaba is building on a seamless shopping vision

9/30/2019

China's Alibaba has grown with a vision for building a more seamless shopping experience that often melds aspects of physical and digital shopping. The company's Hema supermarkets give shoppers the option of buying groceries on the spot or having them delivered within a half hour.

Survey: Few B2B buyers to spend less on Amazon Business

9/26/2019

Only 3% of business-to-business buyers plan to decrease spending with Amazon Business in the next year, although 42% expect spending to be unchanged, according to a B2BecNews survey. More than 70% of respondents research or buy products through Amazon, while 41% do the same with Alibaba.

Alibaba chairman/CEO says he's nice but demanding

9/16/2019

Alibaba Group Chairman and CEO Daniel Zhang says he is "very nice to people" and soft-spoken but demands results from employees once a direction has been identified. "That's why people at Alibaba always say it's very difficult to deal with me in business meetings, because [in that context] I am always trying to get to the substance of the matter and drive people to make progress," he says.

Jack Ma stepped down from Alibaba

9/10/2019

Why it matters: Twenty years after founding the company that came to be a global giant, Jack Ma kept a promise he had made to step down from his role as chairman of Alibaba on 55th birthday. Ma made it clear he is not retiring, but rather planning to pivot to other projects and goals. This piece looks at three sage pieces of advice Ma offered over the years to young professionals and overall society. The first tip urges young people to choose their first job wisely.

"You should find a good boss that can teach you how to be a human, how to do things right. Stay there for at least three years."

That is wise advice, but sometimes identifying good potential bosses is a skill people develop later in their careers. Often, landing a first boss who is a great boss comes down to pure luck.