You Searched For "alibaba faces scrutiny" and got 19 results
Sort By:
1 min read
Jack Ma sends longest memo to Alibaba employees in 5 years
Reclusive billionaire cofounder Jack Ma has some words of encouragement for Alibaba Group employees.
Jordan Hart
2 mins read
Where is Jack Ma? Questions arise about the billionaire’s whereabouts as Alibaba faces scrutiny from the Chinese government
Ma, who once held the tag of wealthiest man in Asia, has seen his net worth tumble. Ac…
2 mins read
Jack Ma reportedly proposed a restructure at Alibaba, and it has echoes of what's been happening at Meta
Alibaba cofounder Jack Ma retired from the company in 2019, but he was back advising the company in…
Huileng Tan
2 mins read
Chinese stocks continue to melt down as spike in COVID-19 cases spurs new lockdowns and threatens global supply chain
Lockdowns spurred by a surge in COVID-19 cases shut down factories operated by Foxconn that are use…
Matthew Fox
1 min read
Alibaba shares slide in Hong Kong after it overhauls e-commerce businesses, appoints a new financial chief
The Chinese e-commerce giant is up against increased competition, a slowing economy and a regulator…
INSIDER,Reuters
2 mins read
Alibaba jumps as cloud business reports first-ever quarterly profit
Alibaba reported a $3 million profit from its cloud business for the December quarter on record-bre…
Will Daniel
2 mins read
Alibaba shares hit 6-month high after Jack Ma cedes control of Ant Group, amid a broad rally in Asian shares
Alibaba share rose 9% after news emerged that Ma was ceding control of Ant Group, following China's…
Huileng Tan
2 mins read
Retail investors have bought $400 million of US-listed Chinese stocks this week, the largest inflow from individual traders in 5 years, research firm says
"Since the regulatory crackdown started, retail investors increased their buying on dips," said Van…
Carla Mozée
1 min read
Jack Ma sees $3 billion erased from his net worth as Alibaba shares tank following Ant Group IPO delay
Even with today's drop in shares of Alibaba, Jack Ma is still worth about $54 billion, according to…
Matthew Fox
2 mins read
Jack Ma, the billionaire founder of Alibaba, disappeared from public view in 2020. He's been living in Tokyo for the past 6 months, a new report says.
Ma has been lying low since October 2020, when he gave a speech criticizing China's financial regul…
Huileng Tan
2 mins read
Masayoshi Son says China's crackdown on Alibaba is nothing different than antitrust regulations in US or UK
Masayoshi Son, the founder and CEO of SoftBank, and a long-time friend of Alibaba founder Jack Ma, …
2 mins read
Jack Ma's Ant Group reportedly plans to transform into a financial holding company overseen by China's central bank
Jack Ma's Ant Group becoming a financial holding company would give Chinese regulators oversight of…
Grace Dean
1 min read
Ant Group's IPO could be delayed more than 6 months amid regulatory pressure that may slash its valuation, report says
Lawyers involved in the listing of Ant's shares said the company would have to submit a new IPO pro…
Matthew Fox
2 mins read
China suspends Jack Ma’s $34 billion Ant Group listing — Alibaba shares plunge, Ma loses over $3 billion
Alibaba shares plunged by almost 10% in Hong Kong after the news of Ant Group's IPO suspension w…
4 mins read
China lost 36% of its billionaires to years of economic troubles and crackdowns
China has lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by t…
Hannah Abraham
2 mins read
Shein's CEO is so low-profile his employees don't even recognize him: report
Shein's executive chairman is more public, but he sparked scrutiny from Beijing in a recent speech.
Meghan Morris
2 mins read
Baidu's PR boss, who threatened to destroy workers' careers, has reportedly left the company
The Chinese internet giant's PR chief apologized after posting videos that demeaned workers who fai…
Hasan Chowdhury
2 mins read
Cathie Wood's $9 billion flagship Ark fund cut all exposure to China after Beijing started cracking down on Jack Ma
Ma angered Beijing after a critical speech in October 2020, prompting intense regulatory scrutiny o…