The Latest Breaking News from Jack Ma

Five of France's biggest banks are facing scrutiny in an ongoing investigation into possible tax fraud. BNP Paribas and Société Générale were among the lenders whose Paris offices have been raided by French prosecutors. They're accused of helping facilitate tax avoidance related to dividend payments. Also in the show -…

Alibaba Group Holding Ltd has announced plans to split its $220-billion business into six main units encompassing e-commerce, media and the cloud, each of which will explore fundraising or an initial public offering (IPO) when the time is right.

Alibaba founder Jack Ma has resurfaced in China after months of overseas travel, visiting a school in the eastern city of Hangzhou where he discussed various topics including artificial intelligence

Billionaire is thought to have remained outside country after state crackdown on tech sector

Jack Ma, the founder of Alibaba Group Holding, returned to mainland China recently after more than a year of overseas travel, and visited a school he founded in the city of Hangzhou, the hometown of Alibaba, according to sources familiar with his schedule.

More than 400 people lost their billionaire status last year, most from China, as global monetary tightening, COVID-19 disruptions and Beijing's crackdown on major tech companies hurt the super wealthy, a ranking of the world's wealthiest showed.

The well-known deal-maker's disappearance is the latest in a series of cases of high-profile Chinese executives going missing with little explanation.

Lawrence Wong sees himself as a ‘servant leader,’ he says. ‘My role is not just to lead, but to serve my country and my fellow citizens’

A grinding crackdown that wiped billions of dollars of value off Chinese technology companies is easing, but the once-freewheeling industry is bracing for much slower growth ahead

CP Group subsidiary Chia Tai Enterprises traded at HK$6.98 at one point on Wednesday, more than eightfold Monday’s opening price

Following the startling suspension of its would-be record-setting $34.5 billion IPO in November 2020, the fintech company was plunged into an extensive restructuring that has been ongoing for the past two years as regulators clamp down on misconduct in the industry