Jack Ma halts plans to cut his Alibaba stake after shares in the Chinese e-commerce giant drop

[ad_1] Jack Ma, founder and executive chairman of Alibaba Group in Shanghai China on Dec. 5th, 2017. Justin Solomon | CNBC Alibaba founder Jack Ma held off on plans to…

Commentary: ‘Like it was with Jack Ma’: China puts world’s biggest Apple supplier in its crosshairs

[ad_1] IRKED BY TERRY GOU’S PRESIDENTIAL BID Beijing has made clear that Gou – who stepped down from Foxconn’s board last month but still holds a 12.5 per cent stake…

Alibaba CEO warns of being ‘displaced’ if the Chinese tech giant doesn’t keep up in AI

[ad_1] Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images Alibaba…

Alibaba’s Former Chairman Daniel Zhang Steps Down From Last Executive Role at Company

[ad_1] In a surprise move, Daniel Zhang, who was handpicked by Alibaba co-founder Jack Ma as successor, has resigned as head of the tech giant’s cloud computing unit. [ad_2] Source…

Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods

[ad_1] Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. [ad_2] Source link

Ant Group plans restructuring, paving way for Hong Kong IPO: Report

[ad_1] News Business Companies Ant Group plans restructuring, paving way for Hong Kong IPO: Report The Alibaba Group affiliate is looking at excluding its blockchain, database management services and international…

THIS Chinese tech titan turns to farming, invests 10% stake in agrotech start

[ad_1] China’s most successful business tycoon Jack Ma, who is leading an active retirement life, has now invested in a new farm tech company, reported Business Insider on 1 August,…

Alibaba Is Replacing Chairman and CEO Daniel Zhang

[ad_1] Alibaba is replacing top executive Daniel Zhang by naming company veteran and Brooklyn Nets owner Joe Tsai as the new chairman. [ad_2] Source link

Alibaba founder Jack Ma is ‘alive’ and ‘happy,’ top exec says after China’s tech crackdown

[ad_1] Alibaba founder Jack Ma is “happy,” according to the company’s President Michael Evans. Te comments come as speculation about the billionaire’s activities continues following China’s crackdown on Ma’s empire.…

Ant Group weighs stake sale of Hong Kong virtual banking unit

[ad_1] ANT Group Co Ltd is considering selling its stake in its virtual banking unit in Hong Kong, Bloomberg News reported on Friday, citing people familiar with the matter. Ant…