Advertisement
Advertisement
Liu Yi

Disputes between US web giant Yahoo and mainland e-commerce powerhouse Alibaba Group have made many headlines in the past few years. So, in hindsight, would Alibaba chairman Jack Ma Yun have sold a 40 per cent stake in Alibaba to Yahoo in the first place?

"Commerce will only be a hobby," Ma, who stepped down as chief executive of the mainland's largest e-commerce company on May 10, told the South China Morning Post.

Cainiao, Putonghua slang for a rookie, is not a good word to describe Jack Ma Yun. But that's the name of the Alibaba chairman's ambitious new project, and he faces a tough road achieving its mission - getting any consumer's purchase to their doorstep within 24 hours, anywhere on the mainland.

Advertisement