Jack Ma

China Focus

Jack Ma is giving up control of Ant. What does that mean for Ant's IPO reboot?

The next big question for Ant is whether it will get another chance at going public

China Focus

Jack Ma is giving up control of Ant Group

Ma will still hold voting rights and economic interests in the company following the change.

China Focus

Fidelity, BlackRock cut fintech giant Ant’s valuation further

Ant declined to comment in an emailed statement.

China Focus

Jack Ma escapes Beijing's crosshairs by giving up his power

Ma has had to make significant concessions to get out of the government dog house.

China Focus

Alibaba recovers after CCTV report on 'Ma' briefly erased US$26 billion

Investors’ reaction “shows the relatively weak sentiment in the tech space.

Digital Economy

Beijing crackdown derails Alibaba’s bid for Amazon-size profit

Beijing’s crackdown on the private sector has laid waste to Alibaba's strategy.
Remaking China's Internet ecosystem  - THE EDGE SINGAPORE

Tech

Remaking China's Internet ecosystem

China’s Internet has been akin to a walled garden and the clampdown of top players by Beijing is helping tear down those barriers.
Ant Group to be financial holding firm in drastic revamp due to demands from China - THE EDGE SINGAPORE

Company in the news

Ant Group to be financial holding firm in drastic revamp due to demands from China

Ant will now effectively be supervised more like a bank, a move with far-reaching implications for its growth.
China slaps Alibaba with RMB 18.2 billion fine in monopoly probe - THE EDGE SINGAPORE

Company in the news

China slaps Alibaba with RMB 18.2 billion fine in monopoly probe

The various moves were presumably meant to curb Ma’s influence, whose interests have come under a series of regulatory actions.

Company in the news

Chinese government presses Alibaba to sell media assets including SCMP

This is because of growing concerns about the technology giant’s influence over public opinion in the country.
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