Tuesday, January 18, 2022

Jack ma

Bumper debut for Zomato; shares list with nearly 53 pc premium

The stock made its debut at Rs 115, reflecting a huge gain of 51.31 per cent against the issue price on the BSE. It then hit a high of Rs 138, a jump of 81.57 per cent.

China slaps record $2.7B fine on Jack Ma’s Alibaba

"Alibaba accepts the penalty with sincerity and will ensure its compliance with determination," the Hangzhou-based company said in a statement.

Alibaba fined USD 2.8 billion on competition charge in China

Alibaba was fined for “abusing its dominant position” to limit competition by retailers that use its platforms and hindering the “free circulation” of goods.

Alibaba’s Jack Ma resurfaces after months out of public view

"#JUSTIN: #JackMa not disappear, here we go: Ma just had a video conference with 100 village teachers on Wednesday morning, saying: after #COVID19, we'll meet each other again," tweeted Qingqing Chen, Chief Reporter of Global Times News, a China state-affiliated media.

China’s bigger push to control big tech

Whatever the reality behind Jack Ma’s govt relations, the actions are part of steps by Beijing to increase tech regulation

As Jack Ma goes missing, China sends a stern message

This incident took place within months of property tycoon Ren Zhiqiang being sentenced to 18 years of imprisonment. Experts said that this would lead to an environment of extreme uncertainty

Alibaba to shut down Xiami music app on Feb 5

Alibaba acquired the music service to compete in China's online music market, which is dominated by Tencent Holdings.

Jack Ma ‘disappears’ after conflict with Chinese govt

The Financial Times reported that Ma was recently replaced as a judge in the final of TV show 'Africa's Business Heroes'.

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