Jack Ma

Alibaba Group Holding Ltd (NYSE: BABA) co-founder Jack Ma reappeared in public view on Wednesday sending the company’s shares soaring 5.5% in New York but concerns persist about the Chinese company’s frayed relationship with its government. Investors are seeking more reassurance on the...

Alibaba Group Holding Ltd (NYSE: BABA) shares traded nearly 8.5% higher in Hong Kong at press time after the company’s founder Jack Ma made an online public appearance after months. What Happened: Ma met 100 rural teachers through videoconferencing on Wednesday morning, Reuters reported. The...

PayPal Holdings Inc (NASDAQ: PYPL) became the first foreign company to be in complete control of its payment platform in China, Reuters reported Thursday (Shanghai time).  What Happened: The Elon Musk and Peter Thiel-founded fintech firm acquired the remaining 30% stake in China’s GoPay...

Alibaba Group Holding Ltd (NYSE: BABA) launched an electric sedan with state-owned SAIC Motor, China’s largest car company, Nikkei Asia reported Thursday (Hong Kong Time). What Happened: The vehicle, capable of wireless charging, was launched under a new brand — IM. The acronym stands...

China’s government is asking the country’s media to censor reporting surrounding Alibaba Group Holding Ltd (NYSE: BABA) and the ongoing investigations related to the company, the Financial Times reported Thursday. What Happened: The Chinese government’s propaganda arm instructed...

Alibaba Group Holding Ltd. (NYSE: BABA) is planning to raise at least $5 billion through a sale of U.S.-dollar-denominated bonds this month, Reuters reported Tuesday, citing people familiar with the matter. What Happened: The Jack Ma co-founded company could raise as much as $8 billion from the...

Mobile applications provided by Alibaba Group Holding Ltd (NYSE: BABA)-backed Ant Group will be banned under an executive order issued Tuesday by outgoing President Donald Trump. What Happened: U.S. transactions with the Hangzhou, China-based Ant Group’s Alipay, which had over 1.2 billion...

Chinese regulators are considering asking Alibaba Group Holding Ltd. (NYSE: BABA)-backed financial technology giant Ant Group to divest some of its portfolio, according to a Reuters report Thursday. What Happened: A dozen of the equity investments held by Ant are under review in China, as per...

Alibaba Group Holding Ltd (NYSE: BABA) founder Jack Ma is now ranked behind Pinduoduo Inc (NASDAQ: PDD) CEO Colin Huang in terms of net worth, Bloomberg reported Tuesday. What Happened: Huang and fellow Chinese tech mogul Ma Huateng of Tencent Holdings Limited (OTC: TCEHY) are worth $58.6...

Alibaba Group Holding Ltd (NYSE: BABA)-backed Ant Group is considering a holding company framework for its financial operations, Bloomberg reported late Monday. What Happened: The new company would be regulated similarly to a bank, which could stymy the growth of its most profitable units...

Chinese regulators are increasing their pressure on Jack Ma and his powerhouse companies, Ant Group Co. and Alibaba Group Holding Ltd. What Happened: Reuters and Bloomberg reported today that officials from the People’s Bank of China, the country's central bank met with executives from...

Shares of Alibaba Group Holding Ltd (NYSE: BABA) were trading lower Thursday morning amid confirmation the Chinese government is investigating the company for anti-monopolistic behavior, Bloomberg was first to report. What Happened: China's State Administration for Market Regulation confirmed...

Jack Ma, the co-founder of Alibaba Group Holding Ltd (NYSE: BABA), offered to give Beijing parts of his financial technology firm Ant Group in order to repair his relationship with the Chinese government, the Wall Street Journal reported Sunday. What Happened: The previously-unreported offer was...

Alibaba Group Holding Ltd (NYSE: BABA)-backed Ant Group Co’s Chairman Eric Jing said the company is introspecting its “shortcomings,” as reported by Bloomberg. What Happened: Jing said at the fourth China Internet Finance Forum on Tuesday that the company is working...