Baidu Inc.
China has a new super rich man – Jack Ma – the 49-year-old founder and chairman of Alibaba Group Holding Ltd. Based on Bloomberg latest compilation, Jack has a net worth of a staggering $21.8 billion (£13 billion; RM68.6 billion), making him the richest man in China instantly, dwarfing his nearest competitor, Pony Ma HuaTeng, who […]
... written on Aug 28 2014Netease.com Inc. (Nasdaq: NTES, stock), a leading Chinese Internet and online game service provider, reported its first-quarter profits fell 10% due to higher tax charges from a new income tax law despite a jump in revenue. Shares of NTES sold off sharply by 6% to $22.60. The weakness in shares of NetEase.com spilled over into […]
... written on May 23 2008
