Well, Chinese Regulators Urge Jack Ma to Release Shares in Ant Group

Well, Chinese Regulators Urge Jack Ma to Release Shares in Ant Group

Jakarta, CNBC Indonesia – Ant Group is reportedly exploring options for company founders, Jack Ma, to divest its shares. This could help to attract scrutiny by Chinese regulators looking to restructure Ant Group. This is the Reuters report, citing a number of sources as reported by CNBC Indonesia, Sunday (18/4/2021). Reuters reports for the first … Read more

Is Alibaba’s Fate a Warning to Other Chinese Tech Companies? The all page

Is Alibaba’s Fate a Warning to Other Chinese Tech Companies?  The all page

BEIJING, KOMPAS.com – A number technology company China worried, after Alibaba fined billions of US dollars and his alliance forced restructuring, moment the Chinese government enforce new rules. Chinese billionaire-owned e-commerce giant Alibaba, Jack Ma, was fined 2.8 billion US dollars (around Rp 41 trillion) by Chinese regulators last week, for being accused of abusing … Read more

The Chinese Government ‘Forced’ Jack Ma to Overhaul the Business Model

The Chinese Government ‘Forced’ Jack Ma to Overhaul the Business Model

Jakarta, CNN Indonesia – Business empire Jack Ma received two crushing blows, in line with the tightening of Government oversight China towards affiliates Alibaba Group. Most recently, Chinese regulators ordered Alipay’s Alibaba Group affiliate, Ant Group, to overhaul its operations into a holding finance company overseen by the central bank. The directive was issued on … Read more

Alibaba opens his voice after being fined Rp. 40 trillion by the Chinese government

Alibaba opens his voice after being fined Rp. 40 trillion by the Chinese government

Jakarta, CNN Indonesia – Alibaba Group open question vote fine 18 billion yuan or equivalent to Rp. 40.49 trillion that the government dropped China against them for alleged violations of anti-monopoly rules. Alibaba Group Co-Founder and Executive Vice Chairman Joe Tsai told CNN that the company will not appeal the biggest fine in history. “With … Read more

Xi Jinping ‘Furious’ at Jack Ma, Alibaba Fined Rp 41 T

Xi Jinping ‘Furious’ at Jack Ma, Alibaba Fined Rp 41 T

Jakarta, CNBC Indonesia – President Xi Jinping’s Chinese government imposed sanctions on Jack Ma’s company, Alibaba. E-commerce was fined 18.23 billion yuan or around Rp.41 trillion (exchange rate Rp.2230 / yuan). This is related to the investigation into the technology giant monopoly case. In a statement Saturday (10/4/2021), China’s State Administration for Market Regulation (SAMR) … Read more

It turns out that this is the reason Xi Jinping Law Alibaba is Rp.41 T

It turns out that this is the reason Xi Jinping Law Alibaba is Rp.41 T

Jakarta, CNBC Indonesia – The company made by Chinese billionaire Jack Ma, Alibaba, has received punishment from the government of the Bamboo Curtain country. The authorities under President Xi Jinping decided to impose a fine of 18.23 billion yuan on Alibaba, whose shares are listed on the Wall Street New York Stock Exchange (NYSE) and … Read more

Chinese authorities put forward new requirement for Alibaba Group

Chinese authorities put forward new requirement for Alibaba Group

Chinese authorities have put forward a demand for Alibaba Group – – The company should get rid of media assets, in particular, from its stakes in Weibo and Bilibili, the authorities demanded. Chinese authorities require Alibaba Group to present a plan to significantly reduce media assets. About it informs The Wall Street Journal on Tuesday, … Read more

“Answer to Amazon”: Pharmacy Alliance launches its own portal

“Answer to Amazon”: Pharmacy Alliance launches its own portal

Portal Gesund.de starts Telemedicine: medication and health record in one app – (Photo: Unsplash) – – – – Berlin The pharmacy industry is preparing for the market entry of internet giants such as Amazon and Alibaba in front. As Handelsblatt Inside learned, Germany’s largest pharmaceutical retailer Phoenix and the pharmacy’s own inventory management and accounting … Read more

Xi Jinping puts economic success model at risk

Xi Jinping puts economic success model at risk

Poster from President Xi Jinping Its course endangers the economy of the world’s second largest economy. – (Photo: AFP) – – – – China has achieved what a communist state is generally not expected to do: high economic growth for decades. It was the introduction of market economy reforms under the then party leader Deng … Read more