Page 3 - Latest Updates on Jack Ma
Alibaba shares slump by more than 10% on slow Chinese spending
Alibaba shares slumped by more than 10% in Hong Kong trade after the Chinese online retail giant warned of a slowdown in consumer spending, BBC reported
 "Alibaba shares slump by more than 10% on slow Chinese spending")
Alibaba slashes sales outlook over increased competition, slow demand
Alibaba now expects revenue for the year ending in March to rise between 20% and 23%, the slowest pace since its 2014 stock market debut
 "Alibaba slashes sales outlook over increased competition, slow demand")
Ant group's profit grows by 39% in June quarter as investments gain
The company contributed $1.4 bn to Alibaba Group Holding's earnings
 "Ant group's profit grows by 39% in June quarter as investments gain")
Jack Ma, Trump and Xi: How Chinese billionaire flew close to the sun
Ma's charitable foundation, which handles his media queries, did not respond to a request for comment.
Alibaba Group Holding has lost $344 billion in world's biggest wipeout
Despite a 30 per cent recovery from Oct. 5, the stock is still 43 per cent lower than its October 2020 peak.
 "Alibaba Group Holding has lost $344 billion in world's biggest wipeout")
Jack Ma leaves China for first time after Alibaba crackdown
Ma is abroad for a series of business meetings, including a tour of the agricultural industry and environmental technology in Spain
 "Jack Ma leaves China for first time after Alibaba crackdown")
Jack Ma in Europe, makes first trip abroad after China's crackdown on firm
Before flying to Europe, Ma was in Hong Kong to spend low-key private time with his family.
 "Jack Ma in Europe, makes first trip abroad after China's crackdown on firm")
Alibaba Group Holding seeks to exit media firm after Beijing's scrutiny
The e-commerce giant, which made the purchase only nine months ago, is seeking a waiver from a one-year lock-up agreement, the filing showed.
Revolution or chaos? Xi's 'common prosperity' drive sparks China debate
Competing viewpoints in China's tightly controlled media space points to confusion over just how far Xi plans to go in reining in 'disorderly capital expansion'.
 "Revolution or chaos? Xi's 'common prosperity' drive sparks China debate")
Why Xi Jinping waited years to launch his crackdown on tycoons
Many were surprised by Xi's sweeping moves to rein in the private sector over the past 12 months
 "Why Xi Jinping waited years to launch his crackdown on tycoons")
Tencent boss Pony Ma loses $14 billion in crackdown, more than Jack Ma
While Pony has long had a reputation for staying out of the limelight, that hasn't shielded his company from penalties including antitrust fines and the loss of exclusive music streaming rights
 "Tencent boss Pony Ma loses $14 billion in crackdown, more than Jack Ma")
Ant Group's profit falls 37% to $2.1 billion after regulatory setbacks
Billionaire Jack Ma's fintech giant contributed nearly 4.5 billion yuan ($696 million) to Alibaba Group Holding Ltd.'s earnings, a company filing showed Tuesday
 "Ant Group's profit falls 37% to $2.1 billion after regulatory setbacks")
World's billionaire factory shaken as China cracks down on 'savage growth'
Beijing's pursuit of ride-hailing service Didi and Jack Ma shows the age of unfettered gains for China's ultra-rich now appears to be at end.
 "World's billionaire factory shaken as China cracks down on 'savage growth'")
Billionaire to watch: Tesla's China battery partner is richer than Jack Ma
Zeng Yuqun's net worth has jumped to $49.5 billion, making him one of the five richest people in Asia for the first time.
 "Billionaire to watch: Tesla's China battery partner is richer than Jack Ma")
Didi Global saga shows China's tech behemoths must first answer to Beijing
Didi is by most measures an appealing success story. The firm controls almost the entire ride-hailing market in China, and counts SoftBank Group Corp. and Tencent Holdings Ltd. as major shareholders
 "Didi Global saga shows China's tech behemoths must first answer to Beijing")
Alibaba victim of huge data leak by consultant as China tightens security
User data was not sold and Alibaba didn't incur financial losses from leak, the company says.
 "Alibaba victim of huge data leak by consultant as China tightens security")
Alibaba senior executive says founder Jack Ma 'lying low': Report
Ma, China's best-known entrepreneur, has been largely out of public view since last year
 "Alibaba senior executive says founder Jack Ma 'lying low': Report")
Jack Ma's Ant Group gets go-ahead for consumer lending unit in sign of thaw
Chongqing Ant Consumer Finance Co will have registered capital of 8 bn yuan ($1.3 bn), and Ant will hold a 50% stake
 "Jack Ma's Ant Group gets go-ahead for consumer lending unit in sign of thaw")
Jack Ma's Ant builds policy, govt relations team for push in Asian markets
Staff of just under 10 staff to prioritise markets in Southeast Asia, Hong Kong, and Macau; Europe will be target as well.
 "Jack Ma's Ant builds policy, govt relations team for push in Asian markets")
Jack Ma to step down as head of business school he founded, amid clampdown
Chinese billionaire Jack Ma will be stepping down as the President of Hupan, an elite business school he founded, in the face of government pressure on the tech industry
 "Jack Ma to step down as head of business school he founded, amid clampdown")
