While TikTok and Tencent have continuously made moves to spearhead the antitrust legal battle, Alibaba unexpectedly released new financial reports. After the ups and downs of 2020 and a series of upheavals brought by Ant Group, where will Alibaba go when the first signs in the antitrust war in China have begun to take place? […]
Jack Ma, China’s third largest billionaire and owner of Alibaba Group, has been missing for the last two months. Since speaking against the Chinese government, he has neither appeared on any platform nor in any program. He had said in Shanghai’s speech – there is no matured financial system in China. Jack Ma had said […]
In the eyes of Chinese regulators and authorities, correcting behavior and pointing the right path for technology firms is equally important. “Words do not cost money to buy,” perhaps Jack Ma, the founder of Alibaba, forgot this proverb while standing on the conference stage on October 24 in Shanghai. Here, he criticized the regulatory system […]
Due to the intervention of the Chinese government, the record IPO of fintech group Ant Group has been delayed. On the evening of November 3, two days before the record IPO of Ant Group on the Shanghai and Hong Kong stock exchanges, the company suddenly announced to postpone the IPO. According to the Bloomberg, the […]