Jack Ma

Chinese regulators are expected to fine Ant Group about a quarter less than the more than $1 billion initially planned and downgrade their charges against it, sources said, as they seek to end a years-long crackdown on marquee technology…

Alibaba has faced growth challenges amid regulatory tightening on China's domestic technology sector and a slowdown in the world's second-largest economy. But analysts think the e-commerce giant's growth could pick up through the rest of…

Beijing's regulatory crackdown on the Chinese tech sector began in late 2020, wiping off more than a combined $1 trillion from the country's biggest companies.There are now signs that the central government is softening its stance towards…

Ant Group Co. is considering selling some of its shares in the operator of Indian financial technology firm Paytm to keep its holding within a required threshold, according to people familiar with the matter. The Chinese fintech giant has…

Alibaba Group Holding Ltd reported better-than-expected quarterly revenue on Thursday, helped by its efforts to cut costs and China's easing of Covid-19 curbs.The ecommerce giant has weathered a weak economy in China, which only lifted its…

Jack Ma has popped up in Australia, the latest stop on a months-long global jaunt and one that has particular emotional resonance for the billionaire Alibaba co-founder.The entrepreneur was spotted at a hotel in Melbourne in recent days and…

One of China’s most high-profile bankers has vanished, the company he runs has reported. It’s the latest incident of a business leader going missing in the country – and Beijing is suspected of being behind the disappearing act. Bao Fan,…

Chinese Internet firms, including Tencent and Alibaba faced their first revenue decline last year amid regulatory crackdown and global economic slowdown.According to the South China Morning POst, the combined revenue of Chinese Internet…

Fintech giant Ant Group Co.’s valuation was trimmed again by Fidelity Investments, more than two years after the Chinese government torpedoed its record initial public offering.Boston-based Fidelity cut its estimate for Ant by about 9% to…

China's fintech giant Ant Group has no plan to initiate an initial public offering (IPO), it said on Sunday in an emailed statement to Reuters. "Ant Group has been focusing on its business rectification and optimisation, and does not have a…