Alibaba founder Jack Ma makes first live appearance in three months in virtual meeting

Alibaba Group founder Jack Ma made his first appearance since October on Wednesday when he spoke to a group of teachers by video, easing concern about his unusual absence from public life and sending shares in the e-commerce giant surging. Speculation over Ma’s whereabouts has swirled in the wake of news this month that he… Read More Alibaba founder Jack Ma makes first live appearance in three months in virtual meeting

Speculations arise over absence of Alibaba founder Jack Ma from public view

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 fueled social media speculation over his whereabouts amid a Chinese regulatory clampdown on his sprawling business empire. China’s highest-profile entrepreneur has not appeared… Read More Speculations arise over absence of Alibaba founder Jack Ma from public view

Chinese regulators launch investigation into Ant Group’s equity investments

Chinese regulators are reviewing equity investments held by Ant Group Co Ltd in dozens of companies, three people with knowledge of the matter said, intensifying a crackdown on billionaire Jack Ma’s financial technology empire. Regulators are considering whether to instruct Ant to divest some of its investments, mainly in technology and fintech start-ups, if they… Read More Chinese regulators launch investigation into Ant Group’s equity investments

China launches antitrust investigation into tech giant Alibaba Group

China has launched an antitrust investigation into Alibaba Group and will summon the tech giant’s Ant Group affiliate to meet in coming days, regulators said on Thursday, in the latest blow for Jack Ma’s e-commerce and fintech empire. The probe is part of an accelerating crackdown on anticompetitive behaviour in China’s booming internet space, and… Read More China launches antitrust investigation into tech giant Alibaba Group