Tag: #Alibaba
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Alibaba co founder Jack Ma arrives in Pakistan after visiting Kathmandu
Alibaba Co-founded Jack Ma has arrived in Pakistan on a private visit – he came in a chartered flight from Katmandu where he was on a private visit as well. Jack Ma, the co-founder of Alibaba, has wrapped up his private visit to Kathmandu and moved on to Pakistan. On Thursday afternoon, he departed for…
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CEO of China’s Ant Group steps down
Beijing, March 12 (AFP/APP):The chief executive of Chinese fintech giant Ant Group has stepped down for “personal reasons”, a spokesperson from the Alibaba-affiliated online payment provider said Friday, amid growing regulatory scrutiny. Simon Hu has been replaced as CEO by Ant Group executive Eric Jing, according to the company’s updated website, just months after Chinese…
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China denies mulling near-$1 bn fine for Alibaba in monopoly case
China denied it was planning to hit e-commerce giant Alibaba with a fine of almost $1 billion for allegedly flouting monopoly rules
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Dawlance collaborates with Daraz to offer a wide range of Appliances on DarazMall
Karachi: March, 2021: Dawlance the #1 home-appliances brand in Pakistan, a subsidiary of Arcelik – the 2nd largest white goods manufacturer in Europe, celebrates its 40 years of Reliability by making its products available to a wider customer base on DarazMall. The brand launched its official E-Commerce store in 2020 and now, as a second…
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China to intensify supervision of booming fintech sector
China announced plans to boost supervision of the country’s huge fintech sector and beef up its anti-monopoly drive,
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Alibaba’s Jack Ma makes his appearance after three months
20th January 2021: Alibaba founder Jack Ma makes his first live appearance in three months in a virtual meet. Baaghi TV: Alibaba Group founder Jack Ma appeared in a live video meeting on Wednesday morning, in the businessman’s first appearance since October. Ma met 100 rural teachers in China through a virtual meeting triggering a…
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Ali baba founder Jack Ma missing
Beijing, 4th January: Chinese giant Ali baba’s founder Jack Ma has reportedly been missing for the past two months. Baaghi TV: Chinese billionaire Jack Ma has reportedly vanished for two months. The speculations are being made on the fact that the high-profile businessman has made no public appearance for the last two months. Ma is…
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Mukesh Ambani is no more Asia’s richest person now
Lahore, 31st December: India’s Mukesh Ambani has been unseated as Asia’s richest person by a Chinese Mr Zhong Shanshan. Baaghi TV: According to a recent study, Asia now has a new richest person, who tops the list now thanks to his vaccine-making firm and bottled water company. Reports from BBC News say that Zhong Shanshan…
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India to Ban Chinese Mobile Apps
Mumbai, 25th November: India has banned 43 mobile apps on Tuesday, including Alibaba Group Holding Ltd’s e-commerce app Aliexpress. Baaghi TV: According to reports, India bans 43 mobile apps in a new wave of web sanctions targeted at China after the neighbours’ months-long standoff on their rugged Himalayan border. The technology minister said in a…
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India suddenly not interested in the Chinese Investors!
New Delhi, 27th April: India has changed its Foreign Direct Investment (FDI) rules on 18 April and has decided to block Chinese Investments that has led to a mini earthquake in the Sino-Indian investment corridor. “If India doesn’t want Chinese money,’’ said the executive of a venture capital fund in Beijing, “then more money will…