China Crushed Jack Ma. Rivals Like Tencent, ByteDance, JD.com Are Next
Regulators have worked to check Ant Group’s influence, and the future is looking a lot less profitable. It’s been eight
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Jack Ma
China’s Ant explores ways for Jack Ma to exit as Beijing piles pressure
The company hoped Ma’s stake, worth billions of dollars, could be sold to existing investors in Ant or its e-commerce
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China’s Ant Group Explores Ways For Jack Ma To Exit: Report
Ant Group denied that a divestment of Jack Ma’s stake was ever under consideration. Hong Kong: Ant Group is exploring
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Jack Ma’s Double-Whammy Marks End Of China Tech’s Golden Age
Jack Ma’s company will likely have to apply and register to get into any new areas of finance in future.
Read moreChina’s Ant to become financial holding firm under enforced revamp
The overhaul comes two days after e-commerce giant Alibaba Group Holding Ltd, of which Ant is an affiliate, was hit
Read moreChina regulators fine Alibaba $2.75 bn for anti-monopoly violations
The billionaire founder Jack Ma’s business empire has been particularly put under intense scrutiny after his stinging criticism of China’s
Read moreChina denies plan for $1 bn Alibaba fine, but tech firms take a blow
The ongoing squeeze on Alibaba – one of China’s most influential companies – is the latest sign that the leadership
Read moreJack Ma loses title as China’s richest man after coming under Beijing’s scrutiny
Ma and his family had held the top spot for China’s richest in the Hurun Global Rich List in 2020
Read more‘Political links’ led to China blocking Jack Ma’s record IPO
According to a media report, investment companies linked to former Communist party members and their family stood to gain from
Read moreChina issues new anti-monopoly rules targeting its tech giants
The notice also said it will stop companies from price fixing, restricting technologies and using data and algorithms to manipulate
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