Alibaba Enlists Ex-Goldman Sachs Exec to Navigate Global Expansion

A former Goldman Sachs executive will represent China’s largest e-commerce site in its bid to expand in the global market.
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Alibaba Enlists Ex-Goldman Sachs Exec to Navigate Global Expansion
Chinese entrepreneur and founder of internet retail group Alibaba, Jack Ma, waves to journalists as he arrives for a meeting with French President Francois Hollande at the Elysee Palace in Paris on March 18, 2015. MARTIN BUREAU/AFP/Getty Images
Sarah Matheson
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In a push to expand the company’s global powerbase, China’s largest online retailer Alibaba has enlisted a former Goldman Sachs executive to recruit international brand retailers to its business-to-consumer platform Tmall.

Michael Evans, 56, retired in 2013 after more than 20 years with Goldman Sachs, 7 of them heading the firm’s Asian operations. An independent board member at Alibaba since the company’s initial public offering in the United States in September 2014, he now has the title of president of the Alibaba Group.

It is well known that doing business in China requires being on the right side of those in power.
Sarah Matheson
Sarah Matheson
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Sarah Matheson covers the business of luxury for Epoch Times. Sarah has worked for media organizations in New Zealand, Australia, and the United States. She has a Bachelor of Arts in Anthropology, and graduated with merit from the Aoraki Polytechnic School of Journalism in 2005. Sarah is almost fluent in Mandarin Chinese. Originally from New Zealand, she now lives next to the Highline in Manhattan's most up-and-coming neighborhood, West Chelsea.
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