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Following record fine on Alibaba, Jack Ma’s fortunes jump

China just slapped a record antitrust fine on one of the world’s largest retailer and eCommerce companies, Alibaba Group Holding, on account of market...

China slaps $2.78bn fine on Jack Ma’s Alibaba for market abuses

Chinese multinational company Alibaba Group has been fined $2.78 billion by the country’s regulators for anti-competitive tactics, as the ruling Communist Party tightens its...

Chinese govt pushes Alibaba to sell its media assets: Sources

The Chinese regulators are tightening their grip on Jack Ma’s empire by urging Alibaba Group to sell some of its media assets, including the...

Jack Ma knocked out of China’s richest man tag with empire...

The Chinese business tycoon Jack Ma has stepped out of the position of China’s richest man, the Hurun Global Rich List reveals, as his...

China’s crackdown on Ant Group is squashing its ambitions to be...

Chinese billionaire Jack Ma's Ant Group swiftly became one of the most powerful companies, and its plans for bridging the worlds of tech and...

Ant Group can resume IPO plans after problem resolution: Chinese central...

China's central bank chief said that Alibaba-owned financial company Ant Group can resume its preparations for an initial public offering (IPO) once problems are...

Chinese billionaire Jack Ma resurfaces after months of speculations

Chinese business magnate Jack Ma has resurfaced after remaining out of public view for months. His appearance kills intense speculation about the condition of the most recognizable...

Jack Ma’s absence from public domain amid probe raises eyebrows

For many renowned tech titans, the year 2020 was not a great one. For Chinese billionaire Jack Ma's businesses too, it was not all...
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