China's Alibaba offloads entire stake in Paytm

Mumbai/IBNS: China’s Alibaba Group has divested its entire stake in digital payments platform Paytm, news agency ANI reported.

Wings clipped: Self-exiled Jack Ma stripped of voting power in his Ant Group hrs after appearance in Thailand

Shanghai: Soon after Chinese business magnate Jack Ma resurfaced in Thailand after making appearances in Japan, Ant Group, in which he had a controlling stake, said its billionaire founder has ceded all voting power.

China asks Jack Ma's Alibaba to sell media assets fearing its growing influence on public opinion

Beijing/IBNS: The Chinese government has asked the Ali Alibaba group to sell some of its media assets over concerns of its growing impact on public opinion, said media reports.

Alibaba supremo Jack Ma to retire from company

Beijing, Sept 8 (IBNS): Alibaba’s co-founder and executive chairman Jack Ma has decided to step down from his position.