Jack Ma
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Alibaba launches Quark AI Smart Glasses in China; global release set for 2026
Technology | November 28, 2025 13:32 ISTAlibaba has launched its new Quark AI-powered smart glasses in China, marking its strongest push yet into consumer AI hardware. Priced from 1,899 yuan (approx. Rs 21,800), the glasses feature the company’s Qwen AI model and integrate with major Alibaba apps.
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China imposes fine of $1 billion on Jack Ma's Ant group
World | July 09, 2023 12:41 ISTA period of stringent regulation for the industry is ending with the announcement of the penalties by China's top securities regulator, which is considered a hint that the authorities are closing up their inquiries into technological companies.
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Is Jack Ma back? Chinese billionaire reportedly makes surprise visit to Pakistan
World | July 03, 2023 8:14 ISTJack Ma during the visit, avoided interactions with government officials and the media.
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China: After Jack Ma, another business tycoon Bao Fan goes missing; Prez Xi's role speculated
World | February 17, 2023 17:43 ISTBao is considered the man behind the landmark deals including Tencent's strategic investment in JD.com.
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Jack Ma to give up control of Ant Group following crackdown by China
Business | January 07, 2023 12:18 ISTAnt has focused on overhauling its business operations to appease its regulators. It’s ramped up its capital base for its consumer loan affiliate.
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Alibaba lays off nearly 10K employees amid poor sales
Business | August 07, 2022 3:00 ISTAlibaba reported a 50 per cent drop in net income to 22.74 billion yuan ($3.4 billion) in the June quarter, down from 45.14 billion yuan in the same period last year.
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Alibaba, Antfin sell entire 43% stake in Paytm Mall for Rs 42 crore
Business | May 19, 2022 16:39 ISTAccording to the filing, Paytm E-commerce, the parent firm of Paytm Mall, bought a 28.34 percent stake in Alibaba and a 14.98 percent stake held by Antfin (The Netherlands).
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Jack Ma resurfaces! Alibaba founder spotted after months of China crackdown
World | January 20, 2021 11:09 ISTJack Ma's sudden disappearance in November had sparked a chain of controversies, with new reports emerging everyday. It began when Ma had irked regulators with the speech at a business conference in Shanghai attended by some of the regulators he was criticizing.
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Is Jack Ma laying low on purpose? Recent reports claim so
World | January 06, 2021 12:09 ISTAlibaba Chairman Jack Ma irked regulators with the speech at a business conference in Shanghai attended by some of the regulators he was criticizing. Chinese Vice President Wang Qishan also was in the audience.
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Alibaba Group Founder Jack Ma Suspected To Be Missing For 2 Months
News | January 04, 2021 23:00 ISTAlibaba founder Jack Ma has gone missing, according to a report in The Telegraph, UK. What's appalling is that the Chinese billionaire has not been in the public eye for more than two months.
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Did you know Jack Ma emerged as big backer of Hollywood films in recent years?
January 04, 2021 21:35 ISTAlibaba Pictures, which was set up by Jack Ma's e-commerce giant Alibaba, has given a marketing push to Chinese films as well as invested money in films of that country. Importantly, Ma also ventured into Hollywood beginning in 2015, and one of the most successful films Alibaba Pictures has backed lately is the 2019 release "1917", the Sam Mendes triple-Oscar winner that also has Reliance Entertainment and Steven Spielberg's Dreamworks Pictures as producers.
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Where is Jack Ma? Here's what we know so far about Chinese billionaire's disappearance
World | January 04, 2021 22:30 ISTAlibaba founder Jack Ma has gone missing, according to a report in The Telegraph, UK. What's appalling is that the Chinese billionaire has not been in the public eye for more than two months. Considered one of China's internet pioneers, Jack Ma's apparent disappearance points fingers at the Chinese government as the two had been locked in a bitter conflict.
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Alibaba founder Jack Ma reportedly missing following conflict with Jinping
World | January 04, 2021 12:02 ISTJack Ma was supposed to appear as a judge in the final episode of his own talent shows Africa’s Business Heroes. He, however, did not turn up and later his pictures too were removed from the official website of the show.
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China steps up pressure on Alibaba with anti-monopoly probe
World | December 24, 2020 12:59 ISTChinese regulators on Thursday announced an anti-monopoly investigation of e-commerce giant Alibaba Group, stepping up official efforts to tighten control over China’s fast-growing tech industries.
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China halts Jack Ma’s world’s largest IPO by suspending his Ant Group's listing
World | November 03, 2020 22:13 ISTJack Ma, founder of China’s e-commerce giant Alibaba suffered a major setback on Tuesday as Shanghai and Hong Kong Stock Exchanges suspended dual listing of the shares of his world's biggest initial public offer of USD 39.7 billion of the group's subsidiary - the Ant Group, 48 hours before the highly-anticipated trading was due to start.
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How Jack Ma spearheaded a world record shattering IPO of Ant
Business | October 27, 2020 17:49 ISTChinese financial technology giant Ant Group is set to raise about $34.5 billion from its initial public offering (IPO) in Hong Kong and Shanghai, surpassing the previous record set by Saudi Aramcos $29.4 billion IPO in terms of cash raised last year.
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Alibaba's Jack Ma is no longer China's richest man. Here's who dethroned him
Business | June 25, 2020 15:05 ISTAlibaba founder Jack Ma is no longer China's richest man. According to Bloomberg Billionaires Index, Ma Huateng, who is the founder and CEO of Chinese Internet giant Tencent Holdings (TCEHY), has surpassed Jack Ma as China's richest man with a net worth of $50 billion.
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Amazon boss Jeff Bezos could become world's first trillionaire by 2026
Business | May 15, 2020 12:58 ISTDespite losing an estimated $38 billion as part of his recent divorce, Bezos is still by far the world's richest person and his net worth has grown by 34 per cent on average over the last five years, said the study, by Comparisun, a company which helps organisations compare different business products.
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Jack Ma, Alibaba foundations donate medical supplies to India amid coronavirus crisis
Business | March 29, 2020 14:40 ISTThe Jack Ma Foundation and the Alibaba Foundation have donated essential medical supplies to India along with six more countries -- Azerbaijan, Bhutan, Kazakhstan, Kyrgyzstan, Uzbekistan and Vietnam.
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Jack Ma replaces Mukesh Ambani as Asia's richest man in $5.8 billion rout
Business | March 10, 2020 15:12 ISTMukesh Ambani, Reliance Industries MD and Indian energy tycoon, is no longer Asia’s richest man after he lost $5.6 billion on the back of a severe decline in RIL's share price. Mukesh Ambani lost his Aisa's riches man crown to Jack Ma, the co-founder of Alibaba Group.
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