Alibaba’s Jack Ma turns up in Pakistani’s Islamabad Sumbul Farid·July 2, 2023Recently, the co-founder of Alibaba group, Jack Ma, embarked upon a sudden journey to Islamabad, Pakistan, soon after...BusinessNewsPopularWorld·0 Comments·0
Alibaba to Divide Business into Six Separate Units with own CEOs and Directors Thomas Babychan·March 29, 2023Chinese tech giant Alibaba Group made a significant announcement on Tuesday that it is planning to divide its...BusinessMarketsNewsTechTrendingWorld·0 Comments·0
Missing Chinese Bank Chairman Bao Fan Cooperating with Relevant Authorities Indrajeet Giram·February 27, 2023China Renaissance Holdings, a boutique bank based in mainland China, has revealed that its chairman and prominent dealmaker,...Markets·0 Comments·0
Jack Ma-Backed Ant Group Plans To Pare Stake In India’s Paytm Sumbul Farid·February 25, 2023According to people familiar with the matter, Ant Group Co. is planning to sell part of its shares...News·0 Comments·0
Ant Group says Jack Ma relinquishes control of company Sumbul Farid·January 7, 2023On Saturday, one of China’s most influential financial tech companies, Ant Group, said that the billionaire entrepreneur, Jack Ma,...BusinessTrendingWorld·0 Comments·0
Billionaire Jack Ma plans to cede control of China’s Ant Group This was following a regulatory crackdown that scuppered the company's $37 billion IPO. Disha Mitra·July 29, 2022Billionaire Jack Ma is reportedly planning to give up reins of the Ant Group, as specified by reports...BusinessNews·0 Comments·0
China Detained Man Named ‘Ma’, News Wiped $26 Billion Off Alibaba’s Stock A whopping $26 billion was wiped off of Alibaba’s market value in just a few minutes. But the company managed to recover the losses after a clarification. Ayush Bansal·May 6, 2022Chinese e-commerce and internet company Alibaba, co-founded by Jack Ma, saw its shares fall as much as nine...BusinessNews·0 Comments·0
China’s Ant Group to take up majority ownership of payments platform 2C2P Srestha Roy·April 19, 2022As part of a cooperation, Ant Group, the fintech arm of China’s Alibaba Group (9988.HK), will become the...News·0 Comments·0
Alibaba upsizes share buyback by two-thirds to record $25 bln Srestha Roy·March 22, 2022Alibaba increased its share repurchase programme to $25 billion on Tuesday, the e-commerce giant’s largest-ever repurchase plan, to...News·0 Comments·0
China’s Richest Drop $53 Billion in a Day as Stocks Plunge Srestha Roy·March 15, 2022On Monday, China’s stock market crash cost the country’s wealthiest tycoons more than $53 billion. According to the...News·0 Comments·0