Jack Ma Resigns as Controller of Ant Group: What It Means for the Company and Shareholders

Jack Ma Resigns as Controller of Ant Group: What It Means for the Company and Shareholders

Jakarta – Ant Group Co. officially completed the procedure to remove the main controller of the company, namely the founder, Jack Ma. This is a follow-up to Jack Ma’s resignation as controller at Ant Group. Ant Group is a financial sector technology company affiliated with Alibaba. Jack Ma previously had full control of the company … Read more

The Communist Party Takes Control of Alipay: Jack Ma’s Power Struggle in China

The Communist Party Takes Control of Alipay: Jack Ma’s Power Struggle in China

In 2006, Jack Ma, the founder of Taobao and Alipay, publicly stated that if the country needs it, Alipay can be taken away at any time. Recently, the Central Bank of China announced that it has approved the change of Alipay (China) Network Technology Co., Ltd. to no actual controller. This means that the CCP … Read more

Retiring from Alibaba, Jack Ma changes gears to the culinary business

Retiring from Alibaba, Jack Ma changes gears to the culinary business

Jakarta – Jack Ma has retired from Ali Baba since 2019 and now he has a new activity. Previously known as a senior citizen in the technology sector, Ma has now switched to the culinary business. Ma reportedly just founded the company ‘Hangzhou Ma’s Kitchen Food’ on Wednesday (22/11). This company was founded in Hangzhou … Read more

It is said that Jack Ma once gave Xi a blow in the head and is he doomed?Alibaba responds with explanation signal

It is said that Jack Ma once gave Xi a blow in the head and is he doomed?Alibaba responds with explanation signal

[Voice of Hope November 22, 2023](Comprehensive report by our reporter Li Hui) Alibaba partner and chief talent officer Jiang Fang posted on Alibaba’s intranet on the 22nd that the family of Alibaba founder Jack Ma has not sold a single share of its shares and will hold them for a long time in the future. … Read more

Jack Ma: From Billionaire to Market Losses – A Story of Alibaba and Ant’s Decline

Jack Ma: From Billionaire to Market Losses – A Story of Alibaba and Ant’s Decline

877 billion dollars – this is how much online shopping giant Alibaba and fintech company Ant have lost from their market value since their peak, according to CNN calculations. The two companies suffered badly after their co-founder Jack Ma publicly criticized Chinese authorities in the fall of 2020. By all accounts, however, the regulatory crackdown … Read more

The inside scoop on Ma Yun’s unexpected return to China and his altered plans.

[Voice of Hope March 31, 2023](comprehensive report by our reporter Han Mei) China is in economic trouble. Ma Yun, who had been punished before, has recently transformed into a signboard for the CCP to attract foreign investment from private enterprises. The Wall Street Journal quoted people familiar with the matter on March 30 as saying … Read more

Evidence Shows Jack Ma No Longer Bullied by Xi Jinping

Beijing – Beijing’s crackdown on China’s tech sector, which began in late 2020, appears to have softened. It is marked by the return Jack Ma to China after previously being in foreign countries. Since Jack Ma’s speech criticizing China’s financial regulators, the Chinese Government, under the command of President Xi Jinping, put hard pressure on … Read more

Jack Ma Visits Australia, a Country that has made a big contribution to him

Melbourne – Jack Ma continues to travel the world, from Europe, Japan, Thailand and now he is seen in Australia. The Alibaba founder reportedly went to Kangaroo Country for a private trip. As is well known, Jack Ma has rarely appeared in public since criticizing China’s financial system at the end of 2020. Since then, … Read more

The Chinese Government’s Ultimate Revenge For Jack Ma

Jakarta – Since criticizing the financial system the Chinese government towards the end of 2020, life Jack Ma not the same anymore. His wealth plummeted, he never made public appearances, and he was often outside of China. The business has been messed around a lot. As quoted detikINET from AFP, the Chinese government seemed to … Read more