Mr. Xi made no secret about what his ideal capitalist should be like. Ten days after the Ant I.P.O. debacle, he toured a museum exhibition devoted to Zhang Jian, an […]
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Back to news homeChina Opens Antitrust Investigation Into Alibaba
“This is an important step in strengthening antimonopoly oversight in the internet sphere,” said the article, which was published on the paper’s website Thursday morning. “This will be beneficial to […]
Alibaba’s Software Can Find Uighur Faces, It Told China Clients
As the Chinese government tracked and persecuted members of predominantly Muslim minority groups, the technology giant Alibaba taught its corporate customers how they could play a part.Alibaba’s website for its […]
The Luxury E-Commerce Wars Heat Up
In 2015, the chairman and controlling shareholder of the luxury goods group Richemont, Johann Rupert, took to the stage at an industry conference in Monte Carlo and issued a rallying […]
On Alibaba’s Singles’ Day, China’s Couriers Demand More
Post-pandemic China was supposed to be good for Fang Guobao. As lockdowns loosened and online shopping soared, the package courier in the eastern city of Nanjing was delivering about 250 […]
Why China Halted Ant’s I.P.O., Dealing Jack Ma a Blow
This was supposed to be the week that one of China’s biggest tech companies threw the most lucrative coming-out party in history, sending a swaggering message about the country’s economic […]
Ant Group’s I.P.O. Is Halted by Shanghai Stock Exchange
Ant Group challenged China’s state-dominated banking system by bringing easy-to-use payments, borrowing and investing to hundreds of millions of smartphones across the country. On Tuesday, Chinese officialdom reminded the company […]
Ant Challenged Beijing and Prospered. Now It Toes the Line.
As Jack Ma of Alibaba helped turn China into the world’s biggest e-commerce market over the past two decades, he was also vowing to pull off a more audacious transformation. […]
Ant Group Set to Raise $34 Billion in World’s Biggest I.P.O.
Ant Group, the Chinese financial technology titan, is set to raise around $34 billion when its shares begin trading in Hong Kong and Shanghai in the coming weeks, which would […]
All About Ant Group, the Next Big Tech I.P.O.
One of China’s most influential tech companies, the internet finance titan Ant Group, is poised to raise a boatload of cash by selling shares. The sale puts another stamp on […]