China Fines Jack Ma's Ant Group Whopping $984 Million Amid Tech Crackdown
Founded by billionaire Jack Ma, Ant operates China's ubiquitous mobile payment app Alipay and undertakes consumer lending and insurance products distribution among other businesses. In mid-2020, before its IPO was pulled, it was valued by some investors at more than $300 billion.
Jul 07, 2023, 21:58 PM IST
World's Wealthiest Professor Who Became The Richest Man In China With Net Worth Of Rs 1,96,120 crore, Failed University Entrance Exams 3 Times
Now that Jack Ma's story has so much to say, a book would still not be enough to tell the whole tale. We did our best to provide you with the finest peep, so there!
Jun 23, 2023, 11:54 AM IST
Why Did Chinese Billionaire And Alibaba Founder, Jack Ma, Give A Teaching Lesson At Tokyo College?
Jack Ma is the founder of Chinese behemoth Alibaba which is engaged in several sectors from IT to E-commerce to cloud computing.
Jun 20, 2023, 20:58 PM IST
Where is Jack Ma? Reports Say Alibaba's Founder Is Now A Professor
According to the Financial Times, Ma's most recent action is one of the few public commitments he has made outside of China.
May 02, 2023, 16:38 PM IST
AI-Generated Pics Of Billionaires Playing 'La Tomatina' Festival Go Viral
Apr 12, 2023, 15:51 PM IST
Alibaba founder Jack Ma to leave the control of Ant Group; Read INSPIRING story of this rags-to-riches billionaire
Chinese entrepreneur Jack Ma is no less than an inspiring movie. He has seen all ups and downs, failures and rejections in his life-long journey to become the billionaire. He was once Asia’s richest man in the Forbes’ list. He is now leaving his control of Ant Group, the financial arm of the Alibaba Group.
Jan 07, 2023, 15:28 PM IST
Where is Jack Ma? Reports say Alibaba founder living in THIS country after crackdown by China
Jack Ma, 58, 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.
Nov 30, 2022, 07:55 AM IST
Remember Alibaba founder Jack Ma? Know where is Chinese billionaire who 'disappeared' after China's crackdown
Jack Ma who ran into trouble with the Chinese government over violating anti-monopoly regulations and kept a low profile since 2020.
Nov 29, 2022, 20:51 PM IST
'Ma' arrested in China, but what made investors of Alibaba dump $27 billion?
China's state broadcaster CCTV first reported that police in Hangzhou, Alibaba's home city, had taken "compulsory measures" against an individual with the last name 'Ma'.
May 04, 2022, 17:53 PM IST
Chinese billionaire and Alibaba founder Jack Ma reappears in Hong Kong?
The Chinese billionaire has been keeping a low profile since delivering a speech in October last year in Shanghai.
Oct 13, 2021, 08:04 AM IST
Ant Group explores ways for founder Jack Ma to exit as Beijing piles pressure
The company hoped Ma`s stake, worth billions of dollars, could be sold to existing investors in Ant or its e-commerce affiliate Alibaba Group Holding Ltd without involving any external entity, one of the sources with company ties said.
Apr 19, 2021, 17:50 PM IST
China tells Jack Ma-led Alibaba to dispose of its media assets: WSJ report
The Jack Ma-promoted company, whose mainstay business is online retail, has stakes in the Twitter-like Weibo platform and several news outlets including Hong Kong`s South China Morning Post.
Mar 16, 2021, 12:39 PM IST
Jack Ma`s 50-second video reappearance pushes Alibaba shares higher
The company`s American Depositary Receipts (ADRs) rose more than 5% on Wednesday, following a 8.5% gain in its Hong Kong-listed shares, after founder Ma made his first public appearance since October on Wednesday.
Ma had not appeared in public since Oct. 24, when he blasted China`s regulatory system. That set him on a collision course with officials and led to the suspension of a blockbuster $37 billion IPO for Alibaba`s financial technology affiliate Ant Group.
Jan 22, 2021, 10:02 AM IST
Will meet again: Alibaba's Jack Ma makes first live appearance in three months in online meet
Social media speculation over the whereabouts of China`s highest-profile entrepreneur swirled this month after news reports that he missed the final episode of a TV show featuring him as a judge, amid a regulatory clampdown by Beijing on his sprawling business empire. Ma had not appeared in public since Oct. 24, where he blasted China`s regulatory system in a speech at a Shanghai forum that set him on a collision course with officials, leading to the suspension of a $37-billion IPO of Alibaba`s financial affiliate Ant Group.
Jan 20, 2021, 12:18 PM IST
Mystery: What happened at Jack Ma's last meeting?
Jack Ma has been missing for the last two months but the Chinese government is not talking about it. Know what is the mystery of Jack Ma's disappearance.
Jan 06, 2021, 21:48 PM IST
Chinese billionaire and Alibaba co-founder Jack Ma missing or arrested, here's big update
According to Hong Kong-based The Asia Times Chinese billionaire Jack Ma is 'embracing supervision'.
Jan 06, 2021, 09:13 AM IST
Zee Special: Curious case of missing Chinese billionaire, who is Jack Ma?
With an estimated net worth of USD 25 billion, Jack Ma is also the richest man in China. Jack Ma only holds a 7.8% stake in Alibaba and a 50% stake in Alipay. Jack Ma, whose rags to riches story continues to motivate millions of young entrepreneurs across the globe, was born in Hangzhou, located in the south-eastern part of China.
Jan 05, 2021, 11:38 AM IST
Alibaba founder Jack Ma missing for over 2 months now, here's what we know so far
It is being speculated that Jack Ma's wrangle with China's authoritarian regime has led to a crackdown on his business in the country and his disappearance from public space.
Jan 05, 2021, 07:56 AM IST
DNA: Is China behind Jack Ma's disappearance?
Jack Ma has been missing for the last two months, but his disappearance is being linked to his differences with Chinese government.
Jan 04, 2021, 22:52 PM IST
Chinese billionaire and Alibaba founder Jack Ma suspected missing after criticising President Xi Jinping
Chinese billionaire Jack Ma is missing after several media outlets reported that he has not been seen in public for over two months now.
Jan 04, 2021, 11:01 AM IST
