Latest In: jack ma

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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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Walmart, Target, CVS And Walgreens To Offer Drive-Thru Coronavirus Testing

Walmart, Target, CVS and Walgreens are making major efforts to combat the spread of coronavirus (COVID-19) that go…

News March 16
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Jack Ma To Step Down As Chairman Of Alibaba In September 2019

Alibaba has announced the retirement of Co-Founder and Chairman of the Board Jack Ma, effective Sept. 10, 2019.…

News September 10
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Alibaba Founders Take $20 Million Stake In Rent The Runway

Rent the Runway has received a $20 million investment from Blue Pool Capital, a fund that invests the…

News March 12
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Singles Day 2016: A $17.8 Billion Lesson For U.S. Retailers

Alibaba’s gigantic online shopping holiday saw another record-smashing year in China, with mobile continuing to become an even…

News November 15
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Singles’ Day: Can It Catch On?

If you asked a typical American what the highest-selling global online shopping day of the year is, they…

Editor's Perspective December 17
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Alibaba Set To Become Third Most Valuable Internet Company

Chinese e-Commerce giant Alibaba began trading on the New York Stock Exchange under the ticker “BABA,” opening at $92.70…

News September 19
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