Alibaba says smart car spinoff Banma plans to list shares in Hong Kong
Alibaba's global headquarters in Hangzhou, Zhejiang Province, China, on May 9, 2024.Nurphoto | Nurphoto | Getty ImagesAlibaba-backed Banma, a provider...
Jack Ma
China’s Ant Group Slapped With Nearly $1 Billion Fine
Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer...
Alibaba to Split Into Six Groups and Explore IPOs in a Departure From Jack Ma Era
The biggest structural overhaul in the Chinese tech company’s history comes days after co-founder Jack Ma returned to mainland China....
Alibaba Co-Founder Jack Ma Returns to China After a Year Away
TechBillionaire’s trip home comes as Beijing eases tech crackdown that hit business confidence Source link
SoftBank to Reduce Alibaba Stake, Expects $34 Billion in Gains
Masayoshi Son is scaling back one of the greatest bets in tech history.The technology investor’s SoftBank Group Corp. said it...
WSJ News Exclusive | Jack Ma Plans to Cede Control of Ant Group
HONG KONG—Billionaire Jack Ma plans to relinquish control of Ant Group Co., people familiar with the matter said, part of...
Jack Ma’s Ant Boosts Consumer-Finance Unit With $3.5 Billion Fundraising
The consumer-finance arm of China’s Ant Group Co. is boosting its financial firepower with a $3.5 billion capital increase, with...
