Jack Ma

Alibaba Group Holding Limited's (NYSE: BABA) fintech affiliate Ant Group Co's Singapore digital wholesale bank will start offering loans to small and medium-sized businesses. ANEXT Bank, which started its services in June, said it would give smaller companies loans...

Jack Ma-owned mobile payment giant Alipay was removed from a high-tech company list in Shanghai, Bloomberg reported.  What Happened: Alipay.com did not meet the spending requirement for research and development, as per a government notice on Sept. 8, the report, said adding...

Alibaba Group Holdings Ltd.’s (NYSE: BABA) financial affiliate Ant Group has signed a memorandum of understanding (MoU) with Malaysia’s Kenanga Investment Bank Berhad under which Kenanga will leverage mPaaS, a mobile development platform from Ant Group...

The Hong Kong Stock Exchange has put out a filing by Alibaba Group Holding Ltd (NYSE: BABA) that seeks to change its secondary listing status on the Main Board of the Hong Kong Stock Exchange to a primary listing. Also Read: Alibaba Gains 1%, JD Sheds 2%: Hang Seng Opens Lower...

Chinese business magnate and co-founder of Alibaba Group Holdings (NYSE: BABA) Jack Ma was reportedly spotted in Europe after largely disappearing from public view for almost two years. What Happened: The 57-year-old Ma was seen in restaurants in Austria, toured a university in the Netherlands to...

Alibaba Group Holding Limited (NYSE: BABA) has reportedly removed all Ant Financial executives from its partnership, signaling its intent to steer clear of regulatory wrath. What Happened: Seven Ant executives stepped down from the partnership at the end of May, the Wall Street Journal reported,...

An art collective that has produced some viral limited edition collections ranging from artwork, sneakers and social media posts has a new collection this week that involves popsicles. Here are the details. What Happened: The newest collection from MSCHF (pronounced mischief) is a pop-up ice cream...

The shares of Alibaba Group Holdings (NYSE: BABA) cracked after its financial affiliate Ant Group refuted media reports claiming that Beijing had formed a team to reassess Ant's stalled initial public offering. What Happened: Billionaire Jack Ma-controlled Ant Group in a statement that said...

Alibaba Group Holding Ltd (NYSE: BABA) shares have sustained a significant rally over the last month, but some see trouble ahead for the Chinese e-commerce giant amid a murky regulatory landscape both overseas and in the U.S. "The regulatory environment may be cooling in China, although they...

As Alibaba Group Holding Ltd (NYSE: BABA) and its group companies face pressures on multiple fronts on their home turf of China, they have started looking elsewhere for growth. What Happened: Alibaba's affiliate company Ant Group has set up a digital bank called...

Alibaba's Chinese fintech giant Ant Group has appointed Hong Kong Exchanges and Clearing chairman Laura Cha as an independent director, according to a recent website update. What Happened: Jack Ma-controlled Ant Group underwent a major restructuring in order to address Chinese government...

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom. Alibaba's Bumpy Ride: One company that has been a...

Chinese authorities have placed an individual with the last name Ma under “compulsory curbs” in the city of Hangzhou, Bloomberg News reported on Tuesday, citing state broadcaster CCTV. What Happened: Hangzhou is the home base of Jack Ma-founded Alibaba...

As opposed to expectations for a drawn-out soap opera, it took just three weeks for Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk to force the Twitter Inc. (NYSE: TWTR) board into yielding. Twitter confirmed Monday it has agreed to be taken private by Musk for $54.20 per share, or $44 billion in...

China’s corruption watchdog Central Commission for Discipline Inspection was among the top state agencies involved in a recent inquiry into links between Billionaire Jack Ma’s Ant Group Co. and state-owned Chinese companies, according to a Bloomberg report...