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Jack Ma eyes acquisitions to weave his magic again

By Andrew Moody (皇冠体育app Daily Europe) Updated: 2016-02-06 15:56

Jack Ma eyes acquisitions to weave his magic again

There are few greater success stories in 皇冠体育app than Jack Ma, founder of e-commerce giant Alibaba.

The 51-year-old former English lecturer rose to be 皇冠体育app's richest man in only a decade.

And although he was relegated to second behind property magnate Wang Jianlin, president of Dalian Wanda Group, on the Forbes 2015 rich list published in October, his personal wealth still amounted to a hefty $21.4 billion (19.7 billion euros).

Virtually everyone in 皇冠体育app at some time has used the company's Taobao retail platform - 皇冠体育app's equivalent of eBay and described by The Economist magazine as "the world's greatest bazaar".

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