Jack Ma appears in public in boost to Alibaba
3 years, 11 months ago

Jack Ma appears in public in boost to Alibaba

The Hindu  

Alibaba founder Jack Ma made his first public appearance on Wednesday since November, quelling speculation about his fate and giving a boost to his embattled conglomerate. Alibaba’s shares were up 8% in Hong Kong after Mr. Ma’s first appearance in close to three months, as he appeared "during a rural teacher-themed social welfare event via video link”, Chinese media reported. China’s richest man, who started out as an English teacher before launching a company that would revolutionise how business is done in China, was attending the Jack Ma Rural Teachers Award ceremony via video "in which he met with 100 rural teachers from across the country and said 'we'll meet again when the epidemic is over!’,” the Global Times quoted Tianmu News, a website in Zhejiang province where Mr. Ma and Alibaba are based, as saying. On December 24, the State Administration for Market Regulation said it had launched a probe into Alibaba’s “suspected monopolistic acts” including "forcing merchants to choose one platform between two competitors”. The previous month saw a last minute suspension of what was set to be a world record breaking $37 billion IPO of the Ant Group, Alibaba’s financial payments arm, which followed a speech by Mr. Ma that had criticised China’s financial system and had angered regulators.

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History of this topic

Alibaba founder Jack Ma delays plans to trim stake after stock selloff
1 year, 1 month ago

Alibaba founder Jack Ma delays plans to trim stake after stock selloff

Hindustan Times  

Alibaba Group Holding Ltd. founder Jack Ma is walking back plans to trim his stake after the Chinese e-commerce heavyweight suffered its biggest selloff in more than a year last week. Founder and Chairman of Chinese internet giant Alibaba Jack Ma Ma has not sold a single share in Alibaba, as the stock price has not reached the level the …

China imposes nearly $1 billion fine on Jack Ma's Ant Group: Report
1 year, 5 months ago

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

Hindustan Times  

Chinese authorities imposed a fine of nearly USD 1 billion for the financial technology giant Ant Group on Friday, nearly three years after regulators blocked the company's proposal for a record-breaking public offering, which launched a period of intensified government scrutiny of technology firms, The New York Times reported. Following the crackdown on Ant in 2020, its sister company Alibaba, …

Jack Ma Isn't Back
1 year, 6 months ago

Jack Ma Isn't Back

Wired  

Just under three years ago, Alibaba founder Jack Ma quoted China’s leader, Xi Jinping, in a speech to a finance conference in Shanghai. “Success isn’t up to me,” Ma said, a phrase Xi initially used to get officials to move away from short-term thinking and do more for the country’s long-term interests. Ma threw this quote back on regulators and …

Alibaba's co-founder Jack Ma accepts university teaching post in Hong Kong
1 year, 8 months ago

Alibaba's co-founder Jack Ma accepts university teaching post in Hong Kong

Firstpost  

Jack Ma, the co-founder of Chinese tech giant Alibaba, has been made an honorary professor of business at a top Hong Kong university, the school announced Friday. Ma keeps low profile after publicly criticising Chinese govt Ma has kept a low profile since late 2020 when a speech he made attacking Chinese regulators was followed by Beijing pulling the plug …

Jack Ma becomes university teacher after Alibaba rout
1 year, 8 months ago

Jack Ma becomes university teacher after Alibaba rout

Hindustan Times  

Jack Ma, founder of Chinese tech giant Alibaba, has been made an honorary professor of business at a top Hong Kong university, the school announced Friday. Jack Ma, billionaire founder of Alibaba Group, The appointment comes weeks after the billionaire made a rare public appearance in China following his fall from grace during a government crackdown on the tech industry …

Alibaba's Jack Ma returns to mainland China
1 year, 8 months ago

Alibaba's Jack Ma returns to mainland China

The Hindu  

Alibaba founder Jack Ma has resurfaced in China after months of overseas travel, visiting a school on March 27 in the city where his company is headquartered and discussed topics such as artificial intelligence. Shortly afterward, authorities put the brakes on the initial public offering of Alibaba’s financial affiliate Ant Group, which had been set to raise $34.5 billion in …

Alibaba Co-Founder Jack Ma Returns to China After a Year Away
1 year, 8 months ago

Alibaba Co-Founder Jack Ma Returns to China After a Year Away

Live Mint  

Jack Ma, Alibaba Group Holding Ltd.’s billionaire co-founder, has returned to mainland China after spending roughly a year overseas, according to people familiar with the matter. Mr. Ma’s travels have been the subject of intense scrutiny as China’s leadership seeks to regain the confidence of entrepreneurs following years of regulatory clampdowns and Covid-19 pandemic measures that battered the country’s private …

Alibaba’s Jack Ma returns to mainland China
1 year, 8 months ago

Alibaba’s Jack Ma returns to mainland China

Associated Press  

HONG KONG — Alibaba founder Jack Ma has resurfaced in China after months of overseas travel, visiting a school Monday in the city where his company is headquartered and discussed topics such as artificial intelligence. He has kept a low profile with few public appearances since Nov. 2020, when he had publicly criticized China’s regulators and financial systems during a …

Alibaba's Jack Ma returns to China after year-long absence: Report
1 year, 8 months ago

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

Hindustan Times  

Alibaba founder Jack Ma has returned to China, the South China Morning Post reported on Monday, ending a more than year-long sojourn overseas that was viewed by industry as reflecting the sober mood of China's private businesses. Ma, one of China's best known entrepreneurs, left mainland China in late 2021 and has been seen in photographs in Japan, Australia and …

Explained: How Chinese regulators grounded Jack Ma's ambitions
1 year, 11 months ago

Explained: How Chinese regulators grounded Jack Ma's ambitions

Firstpost  

A reshuffling of Jack Ma’s shareholding structure will see the Chinese business tycoon cede control of the fintech giant he formed in 2014 Jack Ma, the unconventional billionaire founder of tech giant Alibaba and the totem of China’s entrepreneurial brilliance, has stepped out of the limelight since a Communist Party crackdown that chopped back his empire. Chinese regulators torched the …

Jack Ma, Ant Group founder, to give up control of fintech giant in revamp
1 year, 11 months ago

Jack Ma, Ant Group founder, to give up control of fintech giant in revamp

The Hindu  

Ant Group's founder Jack Ma will give up control of the Chinese fintech giant in an overhaul that seeks to draw a line under a regulatory crackdown that was triggered soon after its mammoth stock market debut was scuppered two years ago. The Wall Street Journal reported in July last year, citing unnamed sources, that Mr. Ma could cede control …

Alibaba founder Jack Ma ‘hiding out’ in Tokyo with his family, say reports
2 years ago

Alibaba founder Jack Ma ‘hiding out’ in Tokyo with his family, say reports

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chinese billionaire Jack Ma has …

Where is Jack Ma? Not in China anymore, he is out of the country
2 years ago

Where is Jack Ma? Not in China anymore, he is out of the country

India Today  

Born to a poor family, Alibaba founder Jack Ma grew up to become one of the richest men in China. The latest media report suggests that the Alibaba founder is currently residing in Tokyo, Japan with his family. The Alibaba founder has been staying out of China with his family since he ran into trouble with the Chinese government over …

Alibaba co-founder Jack Ma living in Tokyo after China's crackdown on tech firms: Report
2 years ago

Alibaba co-founder Jack Ma living in Tokyo after China's crackdown on tech firms: Report

Firstpost  

58-year-old Ma has largely disappeared from public view since he criticised the Chinese regulators in 2020, accusing the state-run banks of having a pawnshop mentality and calling for bold new players that can extend credit to the collateral poor Beijing: Chinese billionaire and e-commerce giant Alibaba founder Jack Ma who ran into trouble with the Chinese government over violating anti-monopoly …

Chinese billionaire Jack Ma ‘living in Japan’ after tech crackdown: report
2 years ago

Chinese billionaire Jack Ma ‘living in Japan’ after tech crackdown: report

The Hindu  

Chinese billionaire and Alibaba founder Jack Ma has been living in Japan amid the Chinese government’s ongoing crackdown on technology companies, according to a report on Tuesday. The usually high-profile Mr. Ma has stayed away from the public spotlight in China for more than two years and has avoided public engagements, coinciding with regulatory probes targeting e-commerce giant Alibaba and …

Alibaba founder Jack Ma is living in Tokyo now: Report
2 years ago

Alibaba founder Jack Ma is living in Tokyo now: Report

Hindustan Times  

Chinese billionaire and e-commerce giant Alibaba founder Jack Ma who ran into trouble with the Chinese government over violating anti-monopoly regulations and kept a low profile since 2020 is now living in Tokyo for about six months, according to a media report on Tuesday. Alibaba Group co-founder and executive chairman Jack Ma Ma’s months-long stay in Japan with his family …

Jack Ma spotted outside China for first time since his run-in with regulators
3 years, 2 months ago

Jack Ma spotted outside China for first time since his run-in with regulators

India Today  

Alibaba co-founder Jack Ma has been away from the public glare for the longest time. A coupled of days ago, Jack Ma was spotted in Hong Kong for a business meeting but his Spain trip does not seem like an official one and the technology billionaire is believed to have stepped out for his first overseas trip since the crackdown …

China Billionaire Jack Ma Travels to Europe in First Trip Abroad Since Crackdown on Alibaba
3 years, 2 months ago

China Billionaire Jack Ma Travels to Europe in First Trip Abroad Since Crackdown on Alibaba

News 18  

Jack Ma, China’s billionaire and founder of e-commerce giant Alibaba, has travelled to Europe for an agriculture study tour, his first trip abroad since he ran into trouble with the Chinese government last year over violating anti-monopoly regulations. Before flying to Europe, Ma was in Hong Kong to spend low-key private time with his family, the Hong Kong-based South China …

Billionaire Alibaba Founder Jack Ma Reappears In Hong Kong: Report
3 years, 2 months ago

Billionaire Alibaba Founder Jack Ma Reappears In Hong Kong: Report

News 18  

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. The Chinese billionaire has been keeping a low profile since delivering a speech in October last year in Shanghai criticising China’s financial …

China's war on everything turns towards its own tycoons, with Jack Ma being a prime example
3 years, 4 months ago

China's war on everything turns towards its own tycoons, with Jack Ma being a prime example

ABC  

Until around nine months ago, Jack Ma was one of the world's richest and most powerful business figures, worth more than $54 billion. A high-flying tech entrepreneur, the Alibaba founder was on the brink of launching the world's biggest Initial Public Offering, the public float of an Alibaba offshoot, a financial services giant called ANT. The fall of Jack Ma …

Jack Ma: Alibaba co-founder says billionaire is ‘lying low’ and has taken up painting
3 years, 6 months ago

Jack Ma: Alibaba co-founder says billionaire is ‘lying low’ and has taken up painting

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Alibaba founder Jack Ma is …

Alibaba executive says founder Jack Ma ’lying low’: Report
3 years, 6 months ago

Alibaba executive says founder Jack Ma ’lying low’: Report

Live Mint  

Alibaba Group Holding founder Jack Ma is "lying low" and focusing on hobbies and philanthropy, the Chinese e-commerce giant's executive vice chairman and co-founder Joe Tsai told CNBC on Tuesday. Following Ma's criticism of China's regulatory system last year, Beijing came down heavily on the company, leading to the shelving of financial affiliate Ant Group's $37 billion initial public offering …

Alibaba executive says Jack Ma ‘lying low’, focusing on hobbies
3 years, 6 months ago

Alibaba executive says Jack Ma ‘lying low’, focusing on hobbies

Al Jazeera  

Jack Ma, who is known for his outspokenness and audacious statements, has been largely out of the public view since criticising China’s regulatory system. Alibaba Group Holding founder Jack Ma is “lying low” and focusing on hobbies and philanthropy, the Chinese e-commerce giant’s executive vice chairman and co-founder Joe Tsai told CNBC on Tuesday. Following Ma’s criticism of China’s regulatory …

Chinese Billionaire Jack Ma’s Net Worth Halves In Less Than A Year. Know Why
3 years, 6 months ago

Chinese Billionaire Jack Ma’s Net Worth Halves In Less Than A Year. Know Why

News 18  

Once the richest man in China, Jack Ma’s worth has tanked by half in less than a year. He is also the creator of the world’s largest fintech company Ant Group. How the downfall started Ma’s downfall originated with the cancellation of Ant Group’s $34.5 billion IPO that was scheduled in the second half of the last year. The initial …

Record Penalty for Alibaba Marks Tumultuous Stretch for Founder Jack Ma
3 years, 8 months ago

Record Penalty for Alibaba Marks Tumultuous Stretch for Founder Jack Ma

News 18  

Once seemingly untouchable, Alibaba founder Jack Ma has endured a tumultuous run that saw his Chinese e-commerce giant hit with a record 18 billion yuan antitrust fine on Saturday, resolving one key uncertainty even as others persist for himself and his business empire. That was until his Shanghai speech triggered a backlash that led to the scuppering of a blockbuster …

China: Political rivalry behind Jack Ma's disappearance and suspension of Ant IPO
3 years, 10 months ago

China: Political rivalry behind Jack Ma's disappearance and suspension of Ant IPO

Op India  

On the 20th of January, Jack Ma, who was missing for weeks finally made an appearance, that too, via a video posted by the Chinese state media. While speculations were rife about China suspending the IPO of Ant Group due to the public comments made by Jack Ma against the Chinese regime, reports now indicate that there could a political …

Jack Ma Out, Rival In: Ali Baba Co-founder Struck Off from Chinese List of Tech Icons
3 years, 10 months ago

Jack Ma Out, Rival In: Ali Baba Co-founder Struck Off from Chinese List of Tech Icons

News 18  

The Chinese state media on Tuesday published a list of its pioneering tech giants, but there was a striking absence of one tycoon – Jack Ma. In the list, BYD Co. Chairman Wang Chuanfu, Xiaomi Corp. co-founder Lei Jun and Huawei Technologies Co.’s Ren Zhengfei, found mention among others. That had prompted a flurry of speculation about what might have …

Jack’s back: Chinese e-tycoon ends silence with online video
3 years, 11 months ago

Jack’s back: Chinese e-tycoon ends silence with online video

Associated Press  

BEIJING — China’s highest-profile entrepreneur, Jack Ma, appeared Wednesday in an online video, ending a 2 1/2-month absence from public view that prompted speculation about the future of the e-commerce billionaire and his Alibaba Group. Days later, regulators suspended the planned multibillion-dollar stock market debut of Ant Group, a financial platform that grew out of Alibaba’s payments service, Alipay. That …

Jack Ma, 'Missing' for Months Since China Fallout, Emerges for First Time for Virtual Meet With Teachers
3 years, 11 months ago

Jack Ma, 'Missing' for Months Since China Fallout, Emerges for First Time for Virtual Meet With Teachers

News 18  

Amid reports speculating about Alibaba founder and billionaire Jack Ma’s whereabouts, Chinese state media has shared a video of him ‘virtually’ meeting a hundred rural teachers across the country on Wednesday. But on Wednesday, Chinese state media Global Times shared a video of Ma interacting with a 100 rural teachers through video conference. #Alibaba founder Jack Ma Yun @JackMa, the …

Jack Ma makes first public appearance in months, and Alibaba stock is surging
3 years, 11 months ago

Jack Ma makes first public appearance in months, and Alibaba stock is surging

CNN  

Hong Kong CNN Business — Jack Ma just made his first public appearance in months as his tech empire continues to face scrutiny from Chinese regulators. Ma had not made a public appearance or social media post since late October, just over a week before Alibaba’sfinancial affiliate Ant Group was scheduled to list on the Shanghai and Hong Kong stock …

Alibaba under investigation amid speculation over Jack Ma's 'disappearance'
3 years, 11 months ago

Alibaba under investigation amid speculation over Jack Ma's 'disappearance'

ABC  

Chinese regulators have launched an investigation into China's biggest e-commerce giant Alibaba, cofounded by Jack Ma, one of the country's richest men. The State Market Supervision Administration issued a one-line statement on Christmas Eve that it had filed an antitrust investigation into Alibaba Group Holdings Ltd over their "suspected monopolistic practices". But it specified one of Alibaba's so-called "choosing one …

Jack Ma was almost bigger than China. That’s what got him into trouble
3 years, 11 months ago

Jack Ma was almost bigger than China. That’s what got him into trouble

CNN  

Tokyo CNN Business — Billionaire Jack Ma is a rare figure in China: a charismatic entrepreneur who speaks his mind and pushes boundaries. As Ma’s financial tech firm Ant Group was preparing for the world’s largest initial public offering, he accused authorities of stifling innovation and blasted the country’s banks for having a “pawn shop” mentality. “I think there’s one …

Jack Ma Not Missing, But Laying Low for Time Being, Says Report After Speculation on Alibaba Founder
3 years, 11 months ago

Jack Ma Not Missing, But Laying Low for Time Being, Says Report After Speculation on Alibaba Founder

News 18  

Contrary to speculation, Chinese e-commerce billionaire and Alibaba founder Jack Ma is not missing but is “laying low” at present after telling off Chinese government regulators, CNBC reported on Tuesday. After reports speculating about Alibaba founder Jack Ma’s whereabouts, @davidfaber reported Tuesday that the billionaire is not missing, according to a person familiar with the matter. That clashed with the …

Where is Jack Ma?: Alibaba founder not seen since October as China gets tough with his business
3 years, 11 months ago

Where is Jack Ma?: Alibaba founder not seen since October as China gets tough with his business

Firstpost  

Beijing: China’s best-known entrepreneur, e-commerce billionaire Jack Ma, made his fortune by taking big risks. “It’s too late to say goodbye.” Spokespeople for Alibaba and Ant didn’t respond to questions about why Ma hasn’t appeared in public. As for Ant, regulators worried it might add to financial risks seen by the ruling party as one of the biggest threats to …

Alibaba’s Jack Ma Disappears From Public View. What’s Going On?
3 years, 11 months ago

Alibaba’s Jack Ma Disappears From Public View. What’s Going On?

The Quint  

Jack Ma's last post on Twitter was on 10 October. Ma has thereafter not been seen in public since a forum in Shanghai in late October where he criticised China’s regulatory system. Ma's latest criticism of the government in Shanghai saw the latter suspending an IPO of Alibaba's affiliate company, Ant Group. Since the October speech, regulators have clamped down …

Where is Jack Ma, China’s e-commerce pioneer?
3 years, 11 months ago

Where is Jack Ma, China’s e-commerce pioneer?

Associated Press  

BEIJING — China’s best-known entrepreneur, e-commerce billionaire Jack Ma, made his fortune by taking big risks. “It’s too late to say goodbye.” Spokespeople for Alibaba and Ant didn’t respond to questions about why Ma hasn’t appeared in public. As for Ant, regulators worried it might add to financial risks seen by the ruling party as one of the biggest threats …

Jack Ma ‘missing’ amid China’s clampdown on his businesses
3 years, 11 months ago

Jack Ma ‘missing’ amid China’s clampdown on his businesses

The Hindu  

Alibaba founder Jack Ma’s absence from public view in the past two months, including missing the final episode of a TV show on which he was to appear as a judge, has fuelled social media speculation over his whereabouts amid a Chinese regulatory clampdown on his sprawling business empire. China’s highest-profile entrepreneur has not appeared in a public setting since …

Chinese billionaire Jack Ma missing weeks after criticising state financial system
3 years, 11 months ago

Chinese billionaire Jack Ma missing weeks after criticising state financial system

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chinese billionaire Jack Ma has …

Jack Ma: Everything you need to know about the ‘missing’ Chinese billionaire
3 years, 11 months ago

Jack Ma: Everything you need to know about the ‘missing’ Chinese billionaire

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Once the poster boy for …

Where is Jack Ma? Here's what we know so far about Chinese billionaire's disappearance
3 years, 11 months ago

Where is Jack Ma? Here's what we know so far about Chinese billionaire's disappearance

India TV News  

Alibaba founder Jack Ma has gone missing, according to a report in The Telegraph, UK. Considered one of China's internet pioneers, Jack Ma's apparent disappearance points fingers at the Chinese government as the two had been locked in a bitter conflict. It was reported in December that China had laid out a 'rectification plan' for Jack Ma's fintech venture Ant …

Where is Jack Ma? Internet abuzz with questions about billionaire’s whereabouts
3 years, 11 months ago

Where is Jack Ma? Internet abuzz with questions about billionaire’s whereabouts

Hindustan Times  

The internet is dealing with a burning question: Where is businessman Jack Ma? Speculation around Jack Ma’s disappearance comes after China’s antitrust probe on Alibaba and Ant Group. Buzz around Jack Ma’s disappearance from public space comes after China’s antitrust probe on Alibaba and Ant Group. The antitrust probe on the e-commerce empire of the former school teacher alleging monopolistic …

Alibaba founder Jack Ma reportedly missing following conflict with Jinping
3 years, 11 months ago

Alibaba founder Jack Ma reportedly missing following conflict with Jinping

India TV News  

Alibaba founder and Chinese tech billionaire Jack Ma has reportedly gone missing. Later at the beginning of November, Jack Ma suffered a major setback as Shanghai and Hong Kong Stock Exchanges had suspended dual listing of the shares of his world's biggest initial public offer of USD 39.7 billion of the group's subsidiary - the Ant Group, 48 hours before …

Alibaba Founder Jack Ma Suspected Missing for 2 Months After Coming in Conflict with China's Jinping
3 years, 11 months ago

Alibaba Founder Jack Ma Suspected Missing for 2 Months After Coming in Conflict with China's Jinping

News 18  

Chinese tech billionaire and the founder of Alibaba, Jack Ma, has vanished from the public eye for over two months after he came in conflict with President Xi Jinping-led Central Communist Party government. The ‘Africa’s Business Heroes’ show gives budding African entrepreneurs the chance to compete for a slice of US $1.5 million. One of China’s unusually vocal and outspoken …

Where is Jack Ma? Tech tycoon silent as China gets tough with his business
3 years, 11 months ago

Where is Jack Ma? Tech tycoon silent as China gets tough with his business

CNN  

Hong Kong/Tokyo CNN Business — Jack Ma’s businesses are under enormous pressure right now. Liu Yang/VCG/Getty Images Ma has kept a lower profile within China for some time now, said Duncan Clark, author of “Alibaba: The House that Jack Ma Built” and founder of investment advisory firm BDA China.He added that Beijing wants its narrative about the Ant Group IPO …

Tech billionaire Jack Ma missing after criticising China, didn't show up for his own TV show
3 years, 11 months ago

Tech billionaire Jack Ma missing after criticising China, didn't show up for his own TV show

India Today  

Alibaba co-founder and Chinese tech billionaire Jack Ma has reportedly not appeared in public for over two months after he gave a controversial speech in October 2020. An Alibaba spokesperson told Financial Times that Jack Ma was unable to attend the final episode of the show as a judge due to a schedule time conflict. Jack Ma, in a speech …

Billionaire Jack Ma is $3bn poorer after Ant IPO put on ice
4 years, 1 month ago

Billionaire Jack Ma is $3bn poorer after Ant IPO put on ice

Al Jazeera  

Ant’s IPO would have catapulted Jack Ma to the top of Asia’s rich list, but after China suspended the blockbuster debut, his fortunes are slipping instead. Ma’s holding in Alibaba Group Holding Ltd.’s U.S.-traded shares fell about $3 billion in value at 11:54 a.m. Tuesday after Ant said its listings in both Shanghai and Hong Kong have been suspended. Ma, …

China's Regulators Summon Alibaba's Jack Ma Ahead of $39.7 Bn Public Offer of His Ant Group
4 years, 1 month ago

China's Regulators Summon Alibaba's Jack Ma Ahead of $39.7 Bn Public Offer of His Ant Group

News 18  

Jack Ma, founder of China's e-commerce giant Alibaba, and his senior executives were summoned on Monday by Chinese regulators for talks, just days ahead of the world's biggest initial public offer of $39.7 billion shares of the group's subsidiary – the Ant Group. Four Chinese regulatory bodies, led by the People's Bank of China, held a meeting with the top …

How Jack Ma spearheaded a world record shattering IPO of Ant
4 years, 1 month ago

How Jack Ma spearheaded a world record shattering IPO of Ant

India TV News  

Chinese financial technology giant Ant Group is set to raise about $34.5 billion from its initial public offering in Hong Kong and Shanghai, surpassing the previous record set by Saudi Aramcos $29.4 billion IPO in terms of cash raised last year. Headquartered in Hangzhou, Ant Group is the parent company of China's leading mobile-payment business Alipay. Jack Ma and Ant …

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