Ma owns only 10 per cent stake in Ant, affiliated with e-commerce giant Alibaba Group Holding Ltd (9988.HK), while he holds 10 per cent, according to Ant’s IPO prospectus filed with the exchanges in 2020. Controlled the company through related entities. , Hangzhou Yunbo, an investment vehicle for Ma, had control over two other entities […]
World Jack Ma living in Japan after China’s technical crackdown: FT Alibaba founder Jack Ma is living in Tokyo nearly six months after disappearing from public view following China’s crackdown on the tech sector, the Financial Times reported on Wednesday, citing multiple unnamed sources. The billionaire has kept a low profile since the crackdown, with […]
