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

Alibaba Group to shut down its music platform Xiami next month

Alibaba Group will close its music streaming platform Xiami Music next month, in a move that marks a step back from its ambitions to push into China’s entertainment industry. “Due to operational adjustments, we will stop the service of Xiami Music,” the online music arm of the Chinese e-commerce giant said on Tuesday on its… Read More Alibaba Group to shut down its music platform Xiami next month

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

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