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China State Media Celebrates Top Entrepreneurs But Not Jack Ma

Jack Ma Left Off China State Media’s List of Tech Luminaries Bloomberg 2/2/2021 Bloomberg News © Bloomberg Jack Ma, billionaire and chairman of Alibaba Group Holding Ltd., listens to a question during an event at Waseda University in Tokyo, Japan, on Wednesday, April 25, 2018. Ma, Alibaba co-founder, argues that nations from Japan to China need to develop their own semiconductor technology to get around America’s grip on the global chip market. (Bloomberg) Jack Ma was conspicuously absent from a list of China’s entrepreneurial greats published by state media Tuesday, underscoring how the the iconic Alibaba co-founder has run afoul of Beijing.

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World s Rich Fled Alibaba After Monopoly Probe, Citi Says

Wealthy investors rushed to offload stock in Alibaba Group Holding Ltd. after China began an investigation into alleged monopolistic practices at billionaire Jack Ma’s internet giant, according to Citigroup Inc.’s private bank.

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Основачот на „Алибаба е најбогатиот Кинез | Економија | DW

Основачот на „Алибаба е најбогатиот Кинез | Економија | DW
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Ant Considers Holding Company With Regulation Similar to Bank, Sources Say

Ant Considers Holding Company With Regulation Similar to Bank, Sources Say Bloomberg 12/29/2020 Bloomberg News © Bloomberg The Ant Group Co. logo is displayed at the company s headquarters in Hangzhou, China, on Monday, Sept. 28, 2020. Jack Ma s Ant Group is seeking to raise $17.5 billion in its Hong Kong share sale and won t seek to lock in cornerstone investors, confident there will be plenty of demand for one of the largest equity deals in the financial hub, according to people familiar with the matter. (Bloomberg) Jack Ma’s besieged Ant Group Co. is planning to fold its financial operations into a holding company that could be regulated more like a bank, according to people familiar with the situation, potentially crippling the growth of its most-profitable units.

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