Jack Ma
Yunfeng raises more than $1b for China fund
Yunfeng Capital, a Chinese PE firm set up by Jack Ma and David Yu, founders of Alibaba Group and Target Media, respectively, has reached a final close of around $1.1 billion on its second fund.
Alibaba commits $100m to Yunfeng's China tech fund
Alibaba Group has committed $100 million to a fund being raised by Yunfeng Capital, a PE firm set up by Alibaba founder Jack Ma.
Jack Ma’s retirement as Alibaba CEO fuels IPO speculation
Jack Ma will step down as CEO of Alibaba Group in May ahead of the private equity-backed firm’s widely anticipated IPO. Ma, who will remain as chairman indicated that he wanted to hand over to a younger successor, telling employees that “the next...
Alibaba seeks $4b loan to support Yahoo buyback
Alibaba Group has approached lenders about financing part of the company’s buyback of a 40% stake currently held by Yahoo. The Chinese e-commerce firm is seeking a $4 billion loan to support the purchase.
Investor consortium pays $1.6b for 5% of Alibaba
Silver Lake, Yunfeng Capital and other investors have purchased a 5% stake in Chinese e-commerce firm Alibaba Group, worth $1.6 billion. The transaction is thought to be the tender offer made to employee shareholders and option holders, as well as certain...
Yunfeng Capital creates cloud computing fund with Alibaba
Yunfeng Capital, the venture capital firm set up by Alibaba Group founder Jack Ma, is to create a RMB1 billion ($157 million) fund with Alibaba Cloud Computing. It will invest in cloud computing businesses and developers building applications for Aliyun...
Alibaba, Temasek in talks over Yahoo deal – report
Alibaba Group has held discussions with Temasek Holdings about supporting the purchase of Yahoo’s 40% stake in the Chinese company.
Alibaba’s Jack Ma wants to buy Yahoo
Jack Ma, the founder and CEO of Chinese technology company Alibaba Group, is interested in buying Yahoo and has held discussions with other potential buyers about options.
Private equity firms invest in China's Alibaba Group
Silver Lake and DST Global will invest in leading Chinese technology firm Alibaba Group as part in order to provide liquidity to Alibaba employees. Chinese private equity firm Yunfeng Capital, which was founded by Alibaba founder Jack Ma, and Singapore...