WHO IS JACK MA
Jack Ma
Jack Ma is the co-founder of Alibaba Group, which started as an e-commerce company and has now transcended into a multinational tech conglomerate. Formerly an English teacher, Ma founded Alibaba.com in 1999 with 17 co-founders in a small apartment in Hangzhou city of eastern China. However, this was not his first foray into the world of business.
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JACK MA NEWS
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Jack Ma to cede control of Ant Group following China's tech crackdown
The company will give 10 individuals, including the founder, management and staff, voting rights independently, effectively ...| January 07, 2023, Saturday -
Jack Ma's Ant wins approval to raise $1.5 bn capital for its consumer unit
The deal resolves a key hurdle for Ant as it seeks to meet requirements from regulators following a crackdown on its business ...| January 04, 2023, Wednesday -
Chinese billionaire Jack Ma living in Tokyo after China's crackdown: Report
Chinese billionaire and e-commerce giant Alibaba founder Jack Ma who ran into trouble with the Chinese government over violating ...| November 30, 2022, Wednesday -
Jack Ma enjoys hot spring, ski resort in Japan as protests erupt in China
As China faces violent protests over its harsh zero-Covid policy, Alibaba founder Jack Ma has been spotted in Tokyo, living a ...| November 29, 2022, Tuesday -
China set to fine Ant Group over $1 bn, signalling revamp nears end
A fine on Ant could help pave the way for the company to secure a long-awaited financial holding company license, seek growth ...| November 23, 2022, Wednesday -
Billionaire Jack Ma plans to cede control of China's Ant Group: Report
Ant, an affiliate of Alibaba, has been subjected to a sweeping restructuring by China, whose initial public offering of $37 ...| July 28, 2022, Thursday -
Jack Ma's Ant Group set to apply for China finance licence this month
The People's Bank of China intends to accept Ant's application to become a financial holding company once it's submitted| June 23, 2022, Thursday -
Alibaba's stock slips as big hopes on Ant IPO revival quickly fade
Shares of the e-commerce giant shot up as much as 7% earlier after a Bloomberg News report that China's financial regulators have ...| June 09, 2022, Thursday -
China: Govt buying stakes in tech firms to increase its influence
The State-owned firms and regulators like China's Cyberspace Administration are obtaining the so-called 'golden shares' in ...| March 26, 2022, Saturday -
Alibaba Group raises buyback to $25 billion to boost slumping stock
Alibaba Group increased a share buyback to $25 billion from $15 billion to prop up a stock price that has fallen by more than ...| March 22, 2022, Tuesday
