Relevant:
- Trump Blocks China-Backed Bid to Buy U.S. Chip Maker
- Billionaire Soros Sells Most of Alibaba, Reduces Its Oil Stocks
- ZTO Express Eyes the Biggest U.S. IPO By a Chinese Firm Since Alibaba
- Alibaba earnings have the Chinese company closing the gap with Amazon
- Alibaba will no longer bring 1 million jobs to the US, citing tariffs
2018-01-03 — reuters.com
``The $1.2 billion deal's failure represents a blow for Jack Ma, the executive chairman of Chinese internet conglomerate Alibaba Group Holding Ltd , who owns Ant Financial together with Alibaba executives. He was looking to expand Ant Financial's footprint amid fierce domestic competition from Chinese rival Tencent Holdings Ltd's WeChat payment platform.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.