Page 3 - Latest Updates on Jack Ma
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.
 "Alibaba Group Holding seeks to exit media firm after Beijing's scrutiny")
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")
SoftBank's first female director to leave after challenging Masayoshi Son
Yuko Kawamoto, a professor at Waseda University, will step down on June 23 after just one year in the role, SoftBank said in a statement on Friday
 "SoftBank's first female director to leave after challenging Masayoshi Son")
Alibaba reports first operating loss as a public company due to record fine
Alibaba forecast annual revenue to be 930 billion yuan ($144.12 billion) for the fiscal year ended March 2022, above analysts' average estimate of 928.25 billion yuan.
 "Alibaba reports first operating loss as a public company due to record fine")
Alibaba aims to report strong financial earnings, after $260 billion slide
Alibaba has agreed to a record $2.8 billion penalty from Beijing and vowed to change certain practices deemed anti-competitive.
ByteDance hires thousands to challenge e-commerce king Alibaba
A burgeoning e-commerce business could help the firm surpass its $250 billion valuation when it goes public, countering concerns around Beijing's crackdown on the country's internet behemoths
 "ByteDance hires thousands to challenge e-commerce king Alibaba")
Explained: What's next for Jack Ma's Ant group after China orders revamp
Ant, valued at around $315 billion at its IPO pricing, is exploring options for founder Jack Ma to divest his stake.
Ant Group denies report it's exploring ways for Jack Ma to sell stake
The company hoped that Ma's stake would be sold to existing shareholders in Ant or its e-commerce partner Alibaba Group Holding Ltd., Reuters said
Ant explores ways for Jack Ma to exit as China piles pressure: Report
Ant Group is exploring options for founder Jack Ma to divest his stake and give up control, say sources
