All articles tagged with #alibaba group
Alibaba Group has announced that it will not participate in Ant Group's proposed share buyback, following the recent fine imposed on Ant Group by Beijing. Despite this decision, Alibaba will maintain its 33% stake in the company. The fine has raised hopes that the regulatory crackdown on Ant Group may be coming to an end, potentially allowing the company to focus on growth and pursue its plans for a stock market listing.
Jack Ma, the founder of Alibaba Group, has been invited to be a visiting professor at Tokyo College, a new organization run by the University of Tokyo. Ma will advise on important research themes and give lectures on management and business start-ups. The appointment term finishes at the end of October, but the contract is renewable on an annual basis.
Jack Ma, the founder of Alibaba Group, has been appointed as a visiting professor at Tokyo College, a new organization run by the University of Tokyo. Ma's appointment term finishes at the end of October, but the contract is renewable on an annual basis. At the college, Ma will be engaged in areas including advising on important research themes and giving lectures on management and business start-ups.
Asian markets are likely to be tempered by a further rebound in US bond yields despite growing optimism that the banking shock is abating. The Bank of Thailand is set to implement its fifth consecutive quarter-point rate hike in an attempt to get inflation back within target. China's Alibaba Group plans to split its business into six main units covering e-commerce, media, and the cloud. Australian inflation figures for February and a raft of data from Vietnam will also be released.