Browsing Tag

Jack Ma

China imposes nearly $1 billion fine on Jack Ma’s Ant Group: Report

Jul 9, 2023

Chinese authorities imposed a fine of nearly USD 1 billion for the financial technology giant Ant Group on Friday, nearly three years after regulators blocked the company's proposal for a record-breaking public offering, which launched a…
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Chinese billionaire Jack Ma’s unexpected Pakistan visit sparks buzz: Report

Jul 3, 2023

Chinese billionaire and co-founder of Alibaba Group, Jack Ma, has created a stir among observers with his unexpected visit to Pakistan, according to the Express Tribune newspaper. The Express Tribune is a daily English-language newspaper…
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Jack Ma-backed Ant Group to reduce its stake in Paytm: Report

Feb 25, 2023

Ant Group Co. is considering selling some of its shares in the operator of Indian financial technology firm Paytm to keep its holding within a required threshold, according to people familiar with the matter. The Chinese fintech giant has…
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