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Your email address will not be published.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

Gold rate declines for second consecutive day

Despite an increase in the international rate, gold’s value declined in Pakistan…

PSX plummets ahead of monetary policy meeting

KARACHI: On Friday, the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Shares Index…

Apple stock plunges $108B after underwhelming iPhone 17 launch

Apple Inc. lost a staggering $108 billion in market value in a…

World Bank raises global growth forecast

The World Bank revised its 2023 global growth forecast slightly upwards to…