Billionaire Alibaba founder Jack Ma launches new food business, ‘Ma’s Kitchen’

Ma’s Kitchen adds to a series of ventures in agriculture and education in the country, aligning well with the Communist Party’s ...

China hits Jack Ma’s Ant Group with nearly $1 billion fine

China’s central bank has reportedly slapped technology provider Ant Group, which Chinese billionaire Jack Ma founded in 2014, with a 7.12 bi...

Founder Jack Ma to give up control of fintech giant Ant Group

Billionaire entrepreneur Jack Ma will be relinquishing control of the financial tech company he founded in 2014, Ant Group. As a way to opti...