Jack Ma News

Alibaba Group plans to split into six units and explore fundraisings or listings for most of them, it said on Tuesday, in a major revamp as Beijing vows to ease a sweeping regulatory crackdown and support its private enterprises, according to ...

In a surprising setback, Ant Group's $37 billion listing has been suspended in both Shanghai and Hong Kong just two days before it was set to make the world's largest-ever stock market debut. The Shanghai stock exchange first announced that it ...

China's financial technology giant Ant Group is set to raise around $34 billion listing its shares in Hong Kong and Shanghai stock exchanges. Ant Group, the parent company of popular Alipay mobile payment app has priced its shares at $10.30 apiece ...

On Wednesday, after Reliance Industries Limited (RIL) announced that it has signed a binding agreement for Facebook to buy 9.9 percent stake in Jio Platforms Limited, shares of the conglomerate rose by 11 percent in intraday and ended 9.83 percent higher ...

On 10 September, Chinese e-commerce giant Alibaba's globally known founder Jack Ma officially retires as the company's chairman. The retirement day coincides with his birthday. Ma, who turned 55 years old on Tuesday, leaves the daunting task of heading the multinational conglomerate ...

Co-founder and executive chairman of Alibaba Group, Jack Ma told the New York Times that he has decided to retire from his role on 10 September to pursue his philanthropic interests. He will remain on the board of directors and spend ...