Xi’s push against Jack Ma sparks new threat for China tech

Business Jan 10, 2021

Xi’s push against Jack Ma sparks new threat for China tech

Chinese tech companies did a pretty good job convincing global investors that they operated independently from the Communist Party. Now, Jack Ma has become a case study for the firms’ biggest skeptics. Companies from Alibaba Group Holding Ltd. to Tencent Holdings Ltd. splashed out billions ...

Business Jan 4, 2021

Jack Ma skips cherished TV show after Beijing tightens screws

Billionaire Ant Group Co. co-founder Jack Ma skipped a recent taping of an African TV program he created, spurring speculation online about his whereabouts and the outcome of an investigation into his internet empire. Ma hasn’t been seen in public since Chinese regulators torpedoed Ant’s ...

Ant's IPO gets stepped on

Editorials Nov 12, 2020

Ant's IPO gets stepped on

The $37 billion initial public offering would have been the world’s largest and conferred a value of $316 billion on the Chinese financial giant.