You Searched For "Jack Ma news" and got 20 results
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2 mins read
Jack Ma plans to shrink his business, bow to pressure after being slapped down by the Chinese government
Jack Ma's Ant Group has submitted a restructuring plan to regulators after pressure from Beijing, T…
Sinéad Baker
3 mins read
Traders are sharing memes and desperately searching for Jack Ma's profile on Bloomberg's terminal to try and work out where the Chinese billionaire is
Traders across the globe are checking out Jack Ma's "offline" profile on the Bloomberg Terminal, ma…
Spriha Srivastava
1 min read
Jack Ma, the billionaire founder of Alibaba, hasn't been seen in two months after the Chinese government cracked down on his companies. Here's a timeline of his fall from grace.
Chairman of Alibaba Group Holding Ltd. Jack Ma delivers a speech to participants during the 4th edi…
Sinéad Baker
2 mins read
Alibaba founder Jack Ma is reportedly not missing and has been laying low amid China's crackdown on his businesses
CNBC anchor David Faber said Ma has not been "captured" or "taken," but is likely staying out of th…
Katie Canales
2 mins read
Billionaire Jack Ma reportedly might give up his stake in Ant Group after sparring with regulators - but other Chinese businessmen who disagreed with lawmakers have faced harsher fates
Ren Zhiqiang, a retired real-estate tycoon, went missing in March after accusing the Communist Part…
Allana Akhtar
3 mins read
China has ordered Ant Group to overhaul its goliath financial business and 'return to its payment origins'
Jack Ma's Ant started as a payments processor for Alibaba before veering into other financial servi…
Katie Canales
3 mins read
Jack Ma reportedly tried and failed to schmooze China with an offer to give 'any of the platforms Ant has' to the government before officials pulled its $37 billion IPO
Chinese billionaire Jack Ma's reported offer came after he publicly scorned the government and befo…
Katie Canales
1 min read
Tencent's Ma Huateng replaces Jack Ma as China's richest person
Before co-founding Tencent in 1998, Pony led research and development for the internet paging …
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…
1 min read
Embattled Chinese billionaire Jack Ma may divest his Ant Group stake and give up control, reports say
In the wake of his public comments about financial regulations, Jack Ma may potentially exit his An…
Kevin Shalvey
2 mins read
Alibaba shares jump 8% as China ends its antitrust probe on Jack Ma's tech empire with a record $2.8 billion fine
CEO Daniel Zhang said Alibaba doesn't expect any material impact from changes made in arrangements …
Shalini Nagarajan
2 mins read
Alibaba Group hit with record $2.8 billion fine amid increased government scrutiny of billionaire Jack Ma's tech empire
Jack Ma's company accepted the huge penalty levied by Chinese regulators on Saturday. The billionai…
Kevin Shalvey
1 min read
Ant Group CEO Simon Hu has resigned from the Chinese fintech giant
Simon Hu, the CEO of Jack Ma's Ant Group, resigned for personal reasons, Bloomberg first reported.
Grace Dean
1 min read
Jack Ma appears to have been at home and traveling within China amid months of speculation over his whereabouts after crackdown on his companies
Flight records show the billionaire founder of Alibaba and Ant Group has mostly been at home, in Be…
Kelsey Vlamis
2 mins read
Softbank's $9 billion net loss last year has a lot to do with Uber and WeWork
The Softbank Vision Fund had $75 billion invested in 88 startups but they were worth 7% less in…
2 mins read
Elon Musk is no longer Twitter's largest shareholder and says he's 'not sure' his takeover bid will be successful
The billionaire is no longer Twitter's largest shareholder after Vanguard Group swooped in to snap …
Alia Shoaib
1 min read
Alibaba billionaire Jack Ma published a handbook for hospitals to tackle Coronavirus
Alibaba founder Jack Ma recently joined Twitter to share with the world his experiences from the Co…
2 mins read
Alibaba slides 9% as regulatory pressure overshadows Singles Day blowout
If implemented, these new set of rules could negatively impact tech behemoths like Alibaba and Tenc…
Matthew Fox
5 mins read
Chinese billionaire Jack Ma and AMD CEO Lisa Su have a new tech strategy: shoot the moon
In this week's Insider Tech newsletter we look at the astronomical deals dominating tech, as well a…
Alexei Oreskovic
1 min read
Jack Ma is set become the world's 11th-richest person on Ant Group's IPO, leapfrogging heirs to L'Oreal and Walmart with his $71.1 billion fortune
Jack Ma's fortune rose by an estimated $27 billion following share pricing for Ant Group's November…