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Page 5 - Latest Updates on Jack Ma

Ant Group plans to hive off credit data in revamp; sees IPO in 2 years

Ant's restructuring plan, which Reuters reported on Wednesday, could ease billionaire founder Jack Ma's regulatory woes

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Updated On : 05 Feb 2021 | 1:16 AM IST

Ant Group reaches agreement with Chinese regulators on overhaul

Ma's fintech giant will become a financial holding company

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Updated On : 04 Feb 2021 | 2:01 AM IST

Ant Group reaches deal with Chinese regulators on restructuring: Report

An announcement about the restructuring, which will result in the company being subject to capital requirements similar to those for banks, could come before the start of China's Lunar New Year holida

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Updated On : 03 Feb 2021 | 11:56 PM IST

Alibaba beats revenue forecast, shares slide amid regulatory challenges

It also announced a bond sale worth as much as $5 billion though sources have said plans for the fundraising were in the works before the regulatory clampdown

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Updated On : 03 Feb 2021 | 9:50 AM IST

Alibaba Group Holding sales beat estimates as regulatory headwinds loom

Net income attributable to shareholders rose 52 per cent to 79 billion yuan

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Updated On : 03 Feb 2021 | 1:48 AM IST

Chinese state media celebrates top entrepreneurs, but not Jack Ma

Ma, lionised at home for creating some of his country's largest corporations, didn't make the cut in a Shanghai Securities News front-page commentary lauding the leading lights of technology

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Updated On : 03 Feb 2021 | 1:45 AM IST

Alibaba beats revenue forecast on online boom as Chinese regulators hover

The results come as China clamps down on company founder Jack Ma's business empire, having forced the suspension of a $37 billion IPO for financial affiliate Ant Group

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Updated On : 02 Feb 2021 | 8:44 PM IST

Chinese state newspaper omits Jack Ma from list of entrepreneurial leaders

China's best known businessman was not mentioned in an front-page article published by the Shanghai Securities News

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Updated On : 02 Feb 2021 | 10:42 AM IST

Localisation strategy for jobs would help address protectionism: Nilekani

He said the strategy for the companies is to be an active player in every market that they operate and have an articulation of partnership with that country and which reflects its priorities

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Updated On : 29 Jan 2021 | 10:31 PM IST

From Pony Ma to Jack Ma, the rich win big with wild Hong Kong stocks

Tencent and Alibaba Group Holding, along with food-delivery giant Meituan and carmaker Geely Automobile Holdings, were among the stocks helping propel the rally.

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Updated On : 27 Jan 2021 | 2:11 AM IST

Jack Ma's participation in video conference triggers $58 bn sigh of relief

That's how much Alibaba Group Holding Ltd.'s market value soared after a clip of Ma speaking to a group of teachers began circulating online -- his first public comments since disappearing from view

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Updated On : 21 Jan 2021 | 7:38 AM IST

Jack Ma's reappearance buoys Alibaba, fails to soothe all investor concerns

While Ma has stepped down from corporate positions and earnings calls, he retains significant influence over Alibaba and Ant

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Updated On : 21 Jan 2021 | 7:09 AM IST

Jack Ma ends silence, prompts $58-billion sigh of relief by investors

Much about the future of China's most famous businessman remains unclear

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Updated On : 21 Jan 2021 | 2:31 AM IST

Top headlines: SC protests farm panel criticism; WhatsApp offers answers

Business Standard brings you top news of the evening

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Updated On : 20 Jan 2021 | 5:55 PM IST

Jack Ma emerges for first time in months since crackdown on Ant, Alibaba

Speculation about Ma's whereabouts and his standing with President Xi Jinping's government had reached a fever pitch in recent weeks

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Updated On : 20 Jan 2021 | 3:06 PM IST

'He is laying low': Jack Ma's local bar awaits its most famous regular

Ma, who used to come at least once a month to the bar that was opened by Alibaba executives in early 2019, hasn't been around since late last year, said one worker

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Updated On : 15 Jan 2021 | 7:29 AM IST

Primavera chairman believes Jack Ma 'safe and sound', upbeat on Ant

Alibaba founder Jack Ma, who also controls Ant, has not been seen in public since Ant's IPO debacle.

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Updated On : 13 Jan 2021 | 7:45 PM IST

China's spat with Jack Ma is bid to control big tech. Silicon Valley next?

Flagship changes like loosening merchant exclusivity might have had more impact several years ago, before competition intensified, but the direction of travel is clear

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Updated On : 07 Jan 2021 | 7:40 AM IST

Alibaba plans to raise at least $5 bn via dollar bond this month: Report

Chinese e-commerce leader Alibaba Group Holding plans to raise at least $5 billion through the sale of a US dollar-denominated bond this month, four people with direct knowledge of the matter said

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Updated On : 06 Jan 2021 | 8:48 AM IST

Jack Ma's Ant Group may survive this bump but won't be super-unicorn again

Over the last year, the government has encouraged the growth of consumer finance companies as well as the existing units of banks that deal in the business

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Updated On : 05 Jan 2021 | 7:42 AM IST