Jack Ma addressed teachers via livestream Wednesday and talked about how he’ll spend more time on philanthropy. He didn’t mention his recent run-ins with Beijing.
It is unlikely that billionaire Jack, who was last seen publicly in late October 2020, would go into self-hiding. And even if he is ‘lying low’, it is only to dodge the Xi Jinping administration.
Beijing’s pursuit of Ant Group plays directly into the hands of China’s biggest critics in Washington. US authorities are now debating whether to ban investments in Alibaba & Tencent.
The roots of contemporary law enforcement campaigns can be traced back to the revolutionary period of the Chinese Communist Party, which often needed to rely on mass movements.
Zhong Shanshan, chairman of Chinese bottled-water company Nongfu Spring, beat Warren Buffett, Larry Page and Steve Ballmer to become the sixth wealthiest person on earth.
Morphing back into a clearly defined financial services player and away from the fuzzy fintech giant operations won’t be too tough for Ant. The hard part is capital commitment.
Jack Ma hasn’t been seen in public since Chinese regulators torpedoed Ant’s $35 billion IPO, then tightened fintech regulations and launched an antitrust probe into Alibaba Group.
Similarities between Yukos debacle in Russia & China's crackdown on Alibaba are striking — 2 political systems led by strongmen with penchant for cutting hubristic entrepreneurs to size.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
If people learn the difference between net worth and net income we will have world peace