Jack Ma Alibaba

Chinese billionaire Jack Ma will cede control of fintech giant Ant Group as part of a restructure, the company announced Saturday. Regulators this week announced that Ant had won approval to raise CNY 10.5 billion (roughly Rs. 12,300 crore) for its consumer finance arm in a further sign that authorities may be loosening their grip on the firm.

Chinese entrepreneur Jack Ma has been living in Tokyo for nearly six months, after Beijing's crackdown on the technology sector, the Financial Times reported Tuesday.

Chinese billionaire and e-commerce giant Alibaba founder Jack Ma who ran into trouble with the Chinese government over violating anti-monopoly regulations is now living in Tokyo, a report said.

Alibaba, the Chinese e-commerce giant, has fired around 10,000 employees in three months, as per various reports. The company laid off 9,241 employees during the June quarter. Earlier in July, Alibaba announced plans to apply for a primary listing in Hong Kong opening up the firm to a vast pool of mainland China investors for the first time, report...

Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years, adding to signs that China's government is easing pressure on the entrepreneur.

China's central leadership has given billionaire Jack Ma's Ant Group a tentative green light to revive its initial public offering (IPO), two sources with knowledge of the matter said.

In 2017, Paytm had raised $200 million in its first funding from Alibaba.

Jack Ma, the founder of Alibaba, has mostly faded from public life and kept a low profile since late 2020.

Didi and Lenovo founders, along with several other Chinese billionaires, cleared their Weibo accounts amid speculations about danger to their safety for speaking publicly. Only content from the last six months is visible on the Chinese microblogging site, which is an alternative to Twitter.

Jack Ma has been touring Dutch research institutions to pursue his interests in agriculture technology, South China Morning Post (SCMP) reported, quoting people familiar with his trip.

Alibaba Group founder Jack Ma was on the Spanish island of Mallorca where his luxury yacht is anchored, two Spanish newspapers said on Wednesday, on his first trip abroad since he fell out with China's regulators in 2020.

Jack Ma is said to currently be in Hong Kong where he has met business associates in recent days. The billionaire founder of Alibaba has been keeping a low profile since delivering a speech in October last year in Shanghai criticising China's financial regulators.

Alibaba Group founder Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met business associates in recent days, two sources said.

Alibaba Group founder Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met business associates in recent days, two sources told Reuters.

Alipay has been ordered by Chinese regulators to undergo sweeping changes as the ruling Communist Party attempts to rein in "the unruly growth" of the tech giants. According to a Financial Times report citing a person familiar with the matter, the country’s largest payments app has been told to spinoff its profitable microloan business.

Chinese billionaire Jack Ma will cede control of fintech giant Ant Group as part of a restructure, the company announced Saturday. Regulators this week announced that Ant had won approval to raise CNY 10.5 billion (roughly Rs. 12,300 crore) for its consumer finance arm in a further sign that authorities may be loosening their grip on the firm.

Chinese entrepreneur Jack Ma has been living in Tokyo for nearly six months, after Beijing's crackdown on the technology sector, the Financial Times reported Tuesday.

Chinese billionaire and e-commerce giant Alibaba founder Jack Ma who ran into trouble with the Chinese government over violating anti-monopoly regulations is now living in Tokyo, a report said.

Alibaba, the Chinese e-commerce giant, has fired around 10,000 employees in three months, as per various reports. The company laid off 9,241 employees during the June quarter. Earlier in July, Alibaba announced plans to apply for a primary listing in Hong Kong opening up the firm to a vast pool of mainland China investors for the first time, report...

Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years, adding to signs that China's government is easing pressure on the entrepreneur.

China's central leadership has given billionaire Jack Ma's Ant Group a tentative green light to revive its initial public offering (IPO), two sources with knowledge of the matter said.

In 2017, Paytm had raised $200 million in its first funding from Alibaba.

Jack Ma, the founder of Alibaba, has mostly faded from public life and kept a low profile since late 2020.

Didi and Lenovo founders, along with several other Chinese billionaires, cleared their Weibo accounts amid speculations about danger to their safety for speaking publicly. Only content from the last six months is visible on the Chinese microblogging site, which is an alternative to Twitter.

Jack Ma has been touring Dutch research institutions to pursue his interests in agriculture technology, South China Morning Post (SCMP) reported, quoting people familiar with his trip.

Alibaba Group founder Jack Ma was on the Spanish island of Mallorca where his luxury yacht is anchored, two Spanish newspapers said on Wednesday, on his first trip abroad since he fell out with China's regulators in 2020.

Jack Ma is said to currently be in Hong Kong where he has met business associates in recent days. The billionaire founder of Alibaba has been keeping a low profile since delivering a speech in October last year in Shanghai criticising China's financial regulators.

Alibaba Group founder Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met business associates in recent days, two sources said.

Alibaba Group founder Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met business associates in recent days, two sources told Reuters.

Alipay has been ordered by Chinese regulators to undergo sweeping changes as the ruling Communist Party attempts to rein in "the unruly growth" of the tech giants. According to a Financial Times report citing a person familiar with the matter, the country’s largest payments app has been told to spinoff its profitable microloan business.