Thursday, 27 January, 2022

Topic: Alibaba

China just promoted a military general targeted at India. And Weibo chatted about Modi in US

Chinascope — The Week Behind The Wall is everything you need to know about what’s happening in China this week.

Alibaba seeks to sell its stake in TV network after China govt scrutiny

Beijing wants Jack Ma’s firm to sell some of its media assets, including the South China Morning Post, because of growing concerns about its influence over public opinion in China.

Why Subramanian Swamy is popular on Chinese social media, and Xi’s new rules on ‘sissy idols’

Chinascope — The Week Behind The Wall is everything you need to know about what’s happening in China this week.

Alibaba and Kris Wu, the faces of China’s new #MeToo movement. But politics has final say

The differences in response to Kris Wu and Alibaba cases shed light on the Chinese Communist Party’s growing discontentment with celebrity culture.

China just fined Alibaba $2.8 billion dollars. It spells end of big tech’s romance with State

There was a time in China when big tech firms lived the dream. But in October last year, Jack Ma lashed out at China’s financial watchdogs and banks.

Jack Ma’s ant Group considers holding company with regulation similar to bank

The operations that Ant is looking to fold into the holding company include wealth management services, consumer lending, insurance, payments and MYbank, an online lender.

China’s anti-monopoly probe into Alibaba stirs worry about what’s next for Beijing’s tech

Once hailed as the standard-bearers of China’s economic and technological ascendancy, Alibaba and its compatriots now face increasing pressure from regulators.

Ant Group — A $280 billion unicorn that just had its legs broken

Less than two months after the dramatic cancellation of its blockbuster IPO, Ant executives are left in charge of a company whose own narrative is now unclear.

Alibaba’s US-listed shares tumble most ever on China’s anti-monopoly probe

The stock fell 13% in its biggest one-day drop on record. The decline took Alibaba to its lowest level since July, and the stock is now down 30% from an October peak.

Ant will rise from IPO ashes, but Alibaba’s Jack Ma needs to exit

Jack Ma & team won’t get away with being digital cowboys given that too much power over China's financial levers intrudes on govt territory.

On Camera


File photo of Russian President Vladimir Putin in Moscow | Photo: Andrey Rudakov | Bloomberg

How Vladimir Putin keeps everyone guessing

Over the years, Putin has always had the upper hand tactically vis-à-vis the West because he’s had what’s called escalation dominance. But experts say he may have gone a big step too far.
LIC headquarters in Mumbai

The LIC story — history, valuation & why its IPO, India’s biggest, matters for Modi govt

LIC IPO is supposed to be India's biggest-ever public issue. The government plans to sell anywhere between 5-10% stake in the insurer, which could fetch it around Rs 1 lakh crore.


The photo of former PM Indira Gandhi with the three former service chiefs | Photo: Wikimedia Commons

‘Mystery’ brochure on 1971 War crops Indira Gandhi, Jagjivan Ram from images, courts controversy

Both images show the then service chiefs, but the former PM and defence minister is removed from them.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.