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Jan 21, 2022 · China’s state broadcaster has implicated Jack Ma’s Ant Group in a corruption scandal, ratcheting up pressure on the billionaire following a crackdown that has wiped billions of dollars from his...
Feb 9, 2021 · How an Online Scandal Put Jack Ma’s Media World in the Spotlight. In the Spring of 2020, a scandal involving a top Alibaba Group Holding Ltd. executive enthralled China’s netizens. The wife...
- 'Crossed The Line'
- 'Lying Low'
- 'Unregulated' Territory
- 'Flying Dangerously Close to The Sun'
In late October, during a speech at a financial forum in Shanghai, Mr Ma blasted the country's financial watchdogs, saying that "China's financial sector basically doesn't have a system" and Chinese banks operated with a "pawnshop" mentality. Days later, Chinese regulators reportedly summoned Mr Ma and executives from Alibaba's affiliate Ant Group ...
Although Mr Ma has stepped down as Alibaba's chairman to focus more on education and philanthropic pursuits, such as his Jack Ma Foundation, he remains its biggest individual shareholderand holds considerable influence. Last week, Mr Ma met with 100 rural teachers via a video meeting as part ofJack Ma Foundation's rural teacher project. His reappea...
China's digital economy has been booming since the 1990s and the coronavirus pandemic saw many retailers rush to grow their online presence. But that financial space wasn't properly regulated for a long time, and the governance model is now being corrected, according to John Lee, a senior analyst at the Mercator Institute for China Studies (MERICS)...
So far, China's financial regulators have given few details about the antitrust investigation against Alibaba. On Tuesday, China's central bank Governor Yi Gang said Ant Group's IPO could resume once it fully complied with the country's law and had addressed customer complaints. Dr Yeophantong said Jack Ma's case spoke volumes about Xi Jinping's Ch...
- Samuel Yang
May 4, 2022 · Jack Ma remained silent throughout Tuesday, as rumors against him swirled on the Chinese internet. Hashtags about the detention of the suspect surnamed Ma were among the top trending topics on ...
Jack Ma was about to become the richest man in China. In November 2020, on the eve of another commercial success, the outspoken billionaire suddenly went missing.
Jun 7, 2021 · “Jack Ma’s elite business academy has been forced to suspend new student enrollments following pressure from Beijing as authorities tighten their chokehold on the Chinese tech billionaire’s...
Jan 10, 2021 · Chinese regulators have launched an investigation into China's biggest e-commerce giants Alibaba, cofounded by Jack Ma, who hasn't been seen since October.
