Page 3 - 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 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

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

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.

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 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.

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'.

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

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

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

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.

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.

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

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 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

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 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 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