Tag Archives: jack ma

Pressure for regulation on Jack Ma’s business empire has continued to grow. The Chinese government recently ordered Alibaba to sell off its vast collection of media assets according to a report.This request represents another escalation of regulatory pressure that has continuously heaped upon Ma’s empire. This, however, followed the spectacular failure of Ant Financial to go public in November 2020.Earlier ...

Asia’s richest man and founder of Alibaba Group,  Jack Ma is on a two-day trip to east Africa, visiting Kenya and Rwanda with 38 fellow Chinese billionaires, all no doubt poised with expensive fountain pens, ready to ink billion dollar deals. Check also: Alibaba spends $4.6B to Acquire 20% stake in Suning East Africa has become an attractive investment destination in recent years, ...