Latest In: china tech crackdown

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Ant Group has been fined $982 million by Chinese regulators.

Alibaba Shares Soar on Expectation that New $982M Fine Signals End of China’s Tech Crackdown

Fintech firm Ant Group, an affiliate of Chinese ecommerce behemoth Alibaba, has been fined 7.1 billion yuan (approximately…

News July 10
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Alibaba is splitting up into 6 separate business units.

Alibaba Restructures into 6 Distinct Businesses to Drive Agility and Shareholder Value

Alibaba Group is undergoing the most significant restructure in its 24-year history with plans to split the company…

News March 28
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Jack Ma has relinquished control of Ant Group, the fintech company he founded.

Alibaba Founder Jack Ma Cedes Control of Sister Fintech Firm Ant Group

Chinese billionaire Jack Ma will no longer control Ant Group, the fintech firm he founded, after the company…

News January 9
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