Alibaba Group Holding Ltd.'s co-founders Jack Ma and Joe Tsai have been buying shares in the company during the recent months, The New York Times reported on Tuesday.
In the fourth quarter, Tsai acquired approximately $151 million in Alibaba's US-traded shares through his Blue Pool Management...
Jack Ma's family trust is selling a total of 10 million American depository shares of Alibaba Group Holding Limited, the company revealed in two filings submitted to the United States Securities and Exchange Commission on Thursday.
The shares will be sold for $870.7 million via trust funds JC...
Chinese billionaire and co-founder of the Alibaba Group, Jack Ma, has engineered the conglomerate's decision to split into six different units in order to become more competitive in China's market, according to a report published by the Wall Street Journal on Thursday.
Sources familiar with the matter...
Alibaba Group Holding's stock listed in the United States surged nearly 14% on Tuesday following the announcement that the Chinese e-commerce giant will engage in a massive restructuring of its business, dividing its empire into six separate units.
According to the statement, all independently-run...
Ant Group announced on Saturday a series of corporate governance changes, resulting in its founder Jack Ma (pictured) no longer having control of the company. Prior to the change, he effectively held 53.46% of the shares of Ant Group through Hangzhou Junhan and Hangzhou Junao Investment...
Alibaba's co-founder Jack Ma might hand over control of Ant Group Co. to the company's executives, according to a report published by the Wall Street Journal on Thursday, likely further delaying Ant's $34 billion public listing that was halted by Beijing two years ago.
However, sources familiar with the...
Alibaba Group Holding's shares listed in the United States decreased by 8% on Thursday, after the Ant Group confirmed it will not revive its initial public offering (IPO).
"Under the guidance of regulators, we are focused on steadily moving forward with our rectification work and do not have any plan to...
Chinese billionaires Jack Ma and Joe Tsai, who jointly own a 5.8% share of Alibaba Group, have secured loans from "UBS, Credit Suisse, Goldman Sachs and others" by pledging "chunks of their combined" stake in the e-commerce group, the Financial Times reported on Friday, citing a document it...
People's Bank of China (PBoC) sees the amount of data provided by Alibaba Group Holding Limited's affiliate Ant Group Co. Ltd, as insufficient, the Financial Times reported on Tuesday, citing people with knowledge on the matter.
The main issues that the Chinese regulators have, apart from the...
The initial public offering (IPO) of Alibaba Group Holding Limited's affiliate Ant Group "will be on track to resume" once the company resolves its "issues," People's Bank of China (PBoC) Governor Yi Gang (pictured) stated on Tuesday.
The problems surrounding Ant Group are "complicated," he noted at...
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