Earlier this month, Ant Group introduced a shock share buyback that valued the fintech large…
Tag: Jack Ma
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China hits Alibaba affiliate Ant Group with $985 million fine for violating various regulations
Regulatory scrutiny compelled Hangzhou-based Ant Group to abruptly droop its large IPO plans in 2020….
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Alibaba founder Jack Ma’s close confidants have taken the top roles at the Chinese tech giant — Here’s who they are
Alibaba introduced a serious management reshuffle on Tuesday, with CEO and Chairman Daniel Zhang planning…
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After a more than $1 trillion rout, Beijing appears to be warming to Chinese tech giants
Beijing’s regulatory crackdown on the Chinese tech sector started in late 2020, wiping off greater…
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Alibaba to split into 6 units and explore IPOs; shares pop 9%
Alibaba has confronted progress challenges amid regulatory tightening on China’s home expertise sector and a…
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Alibaba founder Jack Ma returns to China for school visit: Report
Alibaba founder Jack Ma has returned to China and visited a college he based within…
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Jack Ma-backed Ant group plans to pare stake in Paytm
Ant Group Co. is contemplating promoting a few of its shares within the operator of…
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Jack Ma spotted in Australia in a nod to Alibaba’s global roots
Jack Ma has popped up in Australia, the newest cease on a months-long world jaunt…
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Chinese Internet firms log first revenue decline amid regulatory crackdown
Chinese Internet corporations, together with Tencent and Alibaba confronted their first income decline final yr…
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Ant Group says no plan for IPO, focusing on business optimisation
China’s fintech large Ant Group has no plan to provoke an preliminary public providing (IPO),…