He is also a political force to be reckoned with both recent US Presidents – Donald Trump and Barack Obama. His business continues to grow from strength to strength. Willy Lam, adjunct professor at Center for China Studies at Chinese University of Hong Kong said, “(Ma) has displayed vision and gusto in expanding his e-commerce empire. Even more striking is his determination to leverage Alibaba's massive earnings to spearhead research in high-tech, particularly AI, cloud computing, "deep learning" and related know-how."
Alibaba Group Holding Limited is a Chinese e-commerce, retail and technology conglomerate founded in 1999 by Jack Ma and Leng Lei that provides consumer-to-consumer, business-to-consumer and business-to-business..