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Dispose of all media assets: China to Ma
Dispose of all media assets: China to Ma
Agencies / Updated: Mar 17, 2021, 06:00 IST
The
Alibaba’s sway over public opinion in the country
BEIJING Taking its war against billionaire
Jack Ma’s empire to a new level, the Chinese government has reportedly asked his conglomerate Alibaba to dispose of its media assets.
According to a The Wall Street Journal report citing people familiar with the matter, Chinese officials are more “concerned about the technology giant’s sway over public opinion in the country”.
Alibaba expanded its footprint in the media sector by acquiring the South China Morning Post, an English-language newspaper launched 118 years ago in