Tag: AntGroup
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China forcing Jack Ma’s Ant Group for restructuring
China has now forced the Ant Group to restructure so that it acts more like a bank. #China #AntGroup #JackMa #Alibaba
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Uneasy relationship between Jack Ma’s and Beijing casting shadow over Alibaba’s robust earning and future
Category World NewsChina- Alibaba’s high-profile founder Jack Ma appeared to be on the wrong side of the Chines government. He is sparking a chain of events that upped regulatory scrutiny on the e-commerce giant and cast uncertainty over its future. After Alibaba reported December-quarter earnings above expectations, analysts and experts warned that Ma’s friction with Beijing could…