The Gospel according to Alibaba’s Ma: Love Amazon as Thyself

As Alibaba Chairman Jack Ma finished up his 40-minute address to the World Internet Conference in Wuzhen, China, he took time for one question: How will the company compete in the U.S. with e-commerce giants such as Amazon and eBay?

Leapfrog: 40% a year profit betting on an African financial services dream

Enjoyed the company of two really smart cookies during CNBC Africa Power Lunch today. Gary Herbert is the co-founder of Investment Solutions, a financial services pioneer that’s now a key profit contributor at Alexander Forbes. His colleague Dominic Liber is an actuary, one of a dozen that work at Leapfrog, the $535m private equity fund … Read more

Naspers: New CEO promises even faster growth, more internet investment

The departure of Naspers’ long-time CEO Koos Bekker came over a weekend, giving punters time to reflect before voting with their chequebooks. As a result, a message of a “second sabbatical” before his return as chairman, had sufficient time to be absorbed. As did the decision to appoint a 40-something Dutch ecommerce specialist as his … Read more

No internet explosion for SA, but the e-commerce revolution is happening slowly

In this interview, internet expert Andy Higgins makes an interesting point. He says, “If you look at other countries, you would see that at some point there’d be some talk about the hockey stick growth, the tipping point, or the knee of the curve. In my experience, that never happened in South Africa.” In other … Read more

Sequoia’s Michael Moritz: The Beautiful Game in six printed masterpieces

Last time we featured the writing of Sequoia Capital chairman Michael Moritz, it was one of Biznews.com’s best read articles of the month. His well researched and superbly written piece generated 330 LinkedIn and  543 Facebook likes; and 226 tweets – going “viral” in social media.  As the article by one of Silicon Valley’s big … Read more

Amazon vs Walmart: The battle to control the future of retailing

The face of retail is changing fast, and perhaps fastest of all in the United States, the birthplace of the internet and of e-tailing. Amazon has so far dominated the online retailing game, but low-cast retailer Walmart has decided that the time has come to get serious about online, and the stage is set for … Read more