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Monday, March 08, 2021

Ant Group

ANT GROUP NEWS

Ant Group's valuation seen dropping to $108 billion on crackdown

January 22, 2021 11:36 am

Jack Ma’s fintech giant may be worth less than 700 billion yuan ($108 billion) under the draft proposals, which could reduce the value of Ant’s Alipay service by half, according to senior analyst Francis Chan.

Jack Ma emerges for first time since crackdown on Ant and Alibaba

January 20, 2021 10:38 am

China’s most recognizable entrepreneur addressed scores of teachers on an online conference Wednesday, part of an annual event the billionaire hosts to recognize the achievements of rural educators. His appearance, first reported in a local blog, was confirmed by people familiar with the matter.

Explained: Who is Jack Ma, the Chinese billionaire and founder of Alibaba?

January 06, 2021 8:05 am

Alibaba Group Founder Jack Ma was absent from a TV show which he created that fuelled speculations about his whereabouts.

China launches antitrust probe into tech giant Alibaba

December 24, 2020 9:29 am

The probe is part of an accelerating crackdown on monopolistic behaviour in China's booming internet space.

Explained: What is the Ant Group, and why is their IPO suspended?

November 06, 2020 1:00 pm

Ant Group IPO: The suspension, seen as a measure to rein in Jack Ma, was done after a meeting between the regulators and the company's top executives.