Jack Ma, the flamboyant tech personality and the richest man in China, is leaving his $460 billion Alibaba empire 20 years after founding the company. Ma is stepping down as the chairman of Alibaba Group on Tuesday, his 55th birthday, as part of a long-planned succession scheme. Alibaba Group is the world’s largest e-commerce group, with […]
Quietly, the Chinese government is turning against Alibaba. There have been no direct official statements from leaders, but there don’t have to be, because we know how China works. The state media has been highlighting negative aspects of the company since last week. These are things that have always been issues for Alibaba, but suddenly […]