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China imposes nearly $1 billion fine on Jack Ma's Ant Group: Report

Chinese regulators stopped Ant's massive IPO in November 2020 only days before it was scheduled to raise an estimated USD 34 billion in Hong Kong and Shanghai.

Alibaba Group co-founder and executive chairman Jack Ma.(REUTERS)
Published on Jul 09, 2023 10:03 AM IST
ANI | | Posted by Aryan Prakash

Jack Ma becomes university teacher after Alibaba rout

The appointment comes weeks after the billionaire made a rare public appearance in China.

Jack Ma, billionaire founder of Alibaba Group,(REUTERS)
Published on Apr 21, 2023 09:03 PM IST
AFP |

Alibaba to split empire into 6 units as co-founder Jack Ma returns to China

Alibaba Group plans to split into six units and explore fundraisings or listings for most of them, it said on Tuesday, in a major revamp as Beijing vows to ease a sweeping regulatory crackdown and support its private enterprises.

Alibaba (REUTERS)
Published on Mar 28, 2023 05:29 PM IST
Reuters |

Alibaba's Jack Ma returns to China after year-long absence: Report

Once one of the country's most outspoken businessmen, he retreated from the public limelight in late 2020 after criticising China's regulatory system.

Founder of Alibaba group Jack Ma.(AP)
Published on Mar 27, 2023 02:27 PM IST
Reuters |

Jack Ma-backed Ant Group to reduce its stake in Paytm: Report

The Chinese fintech giant has been discussing options to reduce its stake in One 97 Communications Ltd. after its share percentage increased passively due to share buybacks.

Jack Ma, the co-founder and former executive chairman of Alibaba Group. (Reuters)
Published on Feb 25, 2023 01:19 PM IST
Bloomberg | | Posted by Ritu Maria Johny
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