The share sales could raise about $30 billion in total if markets are favorable, said one of the people
Ant is working with Nanyang Commercial Bank Ltd., China TransInfo Technology Corp. and Contemporary Amperex Technology Co. to build a consumer finance platform
Mr Ma, who has now stepped down as the executive chairman of Alibaba, told Mr Modi, 'We are excited about India. We are excited about Make in India and Digital India'
The judge seeks written responses from the company and its executives within 30 days
Ant is planning to list on Shanghai's STAR market & Hong Kong
"It's not like we had a fight," Son said during the virtual shareholder meeting. "This was perfectly amicable."
SoftBank is a major investor in Alibaba and Son joined Alibaba's board in 2005. Ma joined the SoftBank board in 2007
Sprint, which Son loaded up with debt and made repeated attempts to merge with T-Mobile before successfully closing the deal in April, has delivered an internal rate of return of 25%, Son said
In March 2020, Ambani was ranked 21st on Forbes' annual billionaire list, with a net worth of $36.8 billion, while Page and Brin were 13th and 14th.
Takes hit after writing down the value of investments in WeWork, Uber and others; plans to double buybacks
The departure of Ma, who retired as Alibaba's executive chairman in September, comes as he pulls back from formal business roles to focus on philanthropy
From governors in the US weighing reopening of states, to Asia struggles with its lockdowns, and the challenges of post-Covid-19 care - read these and more in today's world dispatch
Besides India, the medical supplies will be donated to Azerbaijan, Bhutan, Kazakhstan, Kyrgyzstan, Uzbekistan and Vietnam
Thirty African countries - more than half the continent - are now treating nearly 400 patients with coronavirus, after Tanzania, Liberia, Benin and Somalia said they registered their first cases
Ma had previously announced on his Weibo account that he would donate 100 million yuan ($14.5 million) through his foundation to support medical research efforts
The move escalates the competition between Alipay and WeChat, the super app owned by Asia's second-largest company and Jack Ma's rival billionaire Pony Ma
Jack Ma, the Alibaba Group Holding founder, who ceded the No. 1 ranking in mid-2018, is back on top with a $44.5 billion fortune, about $2.6 billion more than Ambani
According to the Bloomberg Billionaires Index, Chinese billionaire Jack Ma, the founder of e-commerce major Alibaba Group has toppled Ambani to get the top spot in Asia
The researcher will lead in setting project objectives, conducting research and tracking results, said a source of the foundation based in Hangzhou, Zhejiang province
Amazon is also going to invest a large chunk of the capital to build the supply chain for its grocery and food category.