jack ma

Ant Group $34B Record IPO Means Big Payday For Jack Ma

Ant Group $34B Record IPO Means Big Payday For Jack Ma
Ant Group $34B Record IPO Means Big Payday For Jack Ma
October 28, 2020  |  IPO

Jack Ma’s Ant Group broke records on Wednesday (Oct. 28), filing the biggest initial public offering (IPO) to date, with expectations of raising $34.4 billion...

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SoftBank Posts $18B Loss As Jack Ma Exits Board
SoftBank Posts $18B Loss As Jack Ma Exits Board
May 18, 2020  |  Investments

Japanese multinational conglomerate SoftBank Group posted a record-breaking $18 billion operating loss right after Alibaba co-founder Jack Ma announced he was stepping down from the...

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Ant, Razer Join Rally For Singapore eBank Licenses
Ant, Razer Join Rally For Singapore eBank Licenses
January 02, 2020  |  Banking

Gaming company Razer is going after a Singapore digital banking license, along with China’s largest online monetary platform Ant Financial, according to reports on Wednesday...

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SoftBank Founder Plans To Invest ‘More And More’ Despite WeWork Loss
SoftBank Founder Plans To Invest ‘More And More’ Despite WeWork Loss
December 08, 2019  |  Investments

Alibaba’s Jack Ma warned SoftBank’s Masayoshi Son that having too much money can lead to a “lot of mistakes.” Get the Full Story Complete the...

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Alibaba Founder: Singles’ Day Sales Fell Short
Alibaba Founder: Singles’ Day Sales Fell Short
November 13, 2019  |  eCommerce

Jack Ma, one of the founders of Alibaba Group Holding, said Singles Day, which is China’s version of Cyber Monday, missed sales projections, according to...

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Despite China’s Slowing Economy, Credit Demand Still Strong
Despite China’s Slowing Economy, Credit Demand Still Strong
October 18, 2019  |  Cross-border Payments

Chinese online finance giant Ant Financial, headed by billionaire Jack Ma, is seeing an uptick in the desire for credit among small and medium businesses...

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Jack Ma’s Alibaba Legacy Of Commerce, Payments — And Even Healthcare
Jack Ma’s Alibaba Legacy Of Commerce, Payments — And Even Healthcare
September 09, 2019  |  Cross-border Payments

Some people build from the background, by design or default, working on seemingly small and mundane things that nevertheless have a great impact on the...

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Jack Ma’s Successor Said To Face ‘Big Challenge’
Jack Ma’s Successor Said To Face ‘Big Challenge’
September 09, 2019  |  Personnel

China’s Alibaba Group Chairman Jack Ma is leaving the firm on Tuesday, Sept. 10 at a time when business has taken a dive, Reuters reported...

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