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Tag: Jack Ma
Why Amazon Marketplace didn’t survive in China
[ad_1] China’s e-commerce market was valued at $2 trillion in 2022, according to GlobalData, and the country also has a rapidly growing middle class, making it an attractive market for…
Ant-linked firms’ shares rise after news of Jack Ma ceding control; Alibaba jumps
[ad_1] Shares of listed Chinese companies that count Ant Group as a major shareholder rose on Monday after announcements that Ant founder Jack Ma is giving up control of the…
Ant Group says Jack Ma to relinquish control of company
[ad_1] Ant Group says Jack Ma to relinquish control of company While Ma only owns a 10% stake in Ant, he exercised control over the company through related entities Reuters,…