jack ma

Dissident jet-skis 250 miles at sea to escape Xi's China

Kwon Pyong made it across the Yellow Sea to South Korea as Xi Jinping tightens his grasp on power with a string of high-profile figures "disappearing."

China tech giant Alibaba to split into six companies, pursue IPOs

Alibaba said each of the six entities “will be managed by its own CEO and board of directors.”

Alibaba founder Jack Ma spotted in Japan after China crackdown: report

Ma disappeared from public view in recent years in light of Beijing's crackdown on tech companies.

Billionaire Jack Ma to cede control of financial tech giant Ant Group

A regulatory crackdown that scuppered its $37 billion IPO in 2020 led to a forced restructuring of the financial technology behemoth.

Alibaba loses $26B in market value on rumors of Jack Ma's 'arrest'

Alibaba co-founder Jack Ma's rumored arrest -- which later turned out to be false -- sent shares of the company falling by as much as 10% within minutes on Tuesday...

Nets owner Joe Tsai tried to get ex-Rockets GM fired for Hong Kong tweet: report

The Nets owner reportedly lobbied to have former Houston Rockets general manager Daryl Morey fired over his 2019 tweet supporting democracy in Hong Kong.

Alibaba founder Jack Ma spotted on his superyacht for first time since clashing with Chinese regulators

Alibaba Group founder Jack Ma was on the Spanish island of Mallorca where his luxury yacht is anchored, two Spanish newspapers said on Wednesday, on his first trip abroad since he fell out with...

Billionaire Alibaba founder Jack Ma sighted in Hong Kong: sources

 Alibaba Group founder Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met...

Why Alibaba's Joe Tsai gets to party but Jack Ma is punished by China

Joe Tsai is living the billionaire high life while watching his words about China to avoid the same fate as his business partner who “disappeared.”

Alibaba shares rise in premarket trading after $2.8B fine

Shares of Alibaba rose 6 percent in premarket trading in the US after the e-commerce giant was fined $2.8 billion by Chinese regulators as a result of an anti-monopoly investigation.

China asks Alibaba to sell off media assets: report

China's government has asked Jack Ma's Alibaba Group to shed its media assets as officials there grow increasingly concerned about the tech giant's impact on public opinion in the country,...

Jack Ma reportedly crisscrossed China during long public silence

Jack Ma's clash with Beijing may have pushed him out of the public spotlight — but it didn't stop him from taking to the skies. The billionaire Alibaba founder -- whose...

Jack Ma loses title as China's richest man after coming under scrutiny

Alibaba and Ant Group founder Jack Ma has lost the title of China’s richest man, a list published on Tuesday showed, as his peers prospered while his empire was put...

Jack Ma reportedly spotted golfing after hiding out for weeks

Jack Ma's battle with Chinese regulators hasn't stopped him from hitting the links. The Alibaba founder — whose net worth is estimated by Forbes at $61.4 billion — was spotted...

Ant Group reportedly reaches deal with China regulators on restructuring

Ant Group has agreed on a restructuring plan with Chinese regulators under which the fintech giant will become a financial holding company, a person with direct knowledge of the matter...

Jack Ma snubbed by Chinese newspaper from business leaders list

Billionaire Jack Ma still appears to be on the outs with Beijing. The Alibaba Group founder -- who made international headlines last month when he vanished from the public eye...

Alibaba stock surges after founder resurfaces

Chinese e-commerce giant Alibaba's stock price surged Wednesday after billionaire founder Jack Ma made his first public appearance in nearly three months.

Chinese billionaire Jack Ma seen on video, reportedly 'laying low'

Chinese billionaire Jack Ma appeared on video publicly Wednesday for the first time in months, and is reportedly laying low after the lengthy disappearance. Ma's appearance came at a virtual...

Who is Jack Ma? Where the Chinese billionaire came from and disappeared to

China's Jeff Bezos has disappeared and his rockstar ways could be to blame.