Jack Ma, the founder of tech giant Alibaba, made a rare public appearance in China. The country’s best-known entrepreneur kept a low profile since late 2020 when a speech he made was followed by Beijing pulling Alibaba affiliate Ant Group’s planned initial public offering. A record fine of $2.75bn was then imposed on the company for alleged unfair practices.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

‘CPEC to bring benefits for both countries’: Chinese defense minister

On Monday, China’s defense minister General Wei Fenghe had a meeting with…

SBP’s reserves drop to $4.2 billion

The State Bank of Pakistan (SBP)-held foreign exchange reserves dropped to $4.2…

Israel shekel sinks to lowest since 2016

Israel’s shekel (ILS) hit its weakest level since early 2016 and the…

Meta cuts jobs to sink more money into the metaverse

On Nov 9, Meta Platforms Inc (META.O) said that it would cut…