Business Standard

Jack Ma's SCMP joins Hong Kong media groups facing China control

Beijing has moved to stifle Hong Kong's democracy motion over the previous 12 months

Jack Ma
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Jack Ma, Alibaba’s co-founder, has been on the heart of a authorities crackdown that started final 12 months, concentrating on the e-commerce big and its finance affiliate Ant Group Co.

Bloomberg
As information broke that China is pressuring Jack Ma’s Alibaba Group Holding Ltd. to promote the South China Morning Post, shocked staff contemplated the way forward for Hong Kong’s important English-language each day.
 
When Hangzhou-based Alibaba purchased the SCMP in 2015 for $266 million, it injected much-needed money into the operations and pledged that the century-old newspaper would retain editorial independence. While the newspaper has come beneath regular criticism for a tilt towards Beijing beneath Alibaba, its journalists intently coated the 2019 pro-democracy protests in Hong Kong whereas additionally publishing various opinions and protection essential of China.
 
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