Pinduoduo’s hit shopping app Temu has gone from zero to rivalling Amazon and Walmart in just over a year.
Browsing: Jack Ma
Alibaba Group is planning to split into six units and explore fundraisings or listings for most of them.
The return of China’s best-known entrepreneur may help to quell the concerns of the country’s private sector.
Tencent Holdings founder Pony Ma and others from China’s crackdown-hit Internet sector will be absent from this year’s parliamentary sessions.
Chinese technology shares advanced on Monday as the sector’s outlook improved further following regulator comments that a years-long crackdown is ending.
Ant Group’s founder Jack Ma will give up control of the Chinese fintech giant in an overhaul that seeks to draw a line under a regulatory crackdown.
This was supposed to be Jack Ma’s finest hour. Instead Beijing reined in his empire, abruptly clipping the wings of corporate China’s biggest star.
It’s no coincidence that an edict barring kids in China from playing online videogames for most of the week came as the education ministry introduced a new subject to the national curriculum: Xi Jinping Thought.
It turns out even the most compliant Chinese billionaires aren’t immune to the regulatory onslaught sweeping the world’s second largest economy.
China has issued a sweeping warning to its biggest companies, vowing to tighten oversight of data security and overseas listings just days after Didi Global’s contentious decision to go public in the US.