ant group

Jan 17, 2025

'I'm dreaming of AI that reads our thoughts': Ant Group CMO

Ray Chen Liang, CMO of Ant Group, gets candid about the risk of being ‘cheap’ by calculating every marketing dollar, the game-changing value of AI for small businesses, and brands he admires from afar.

Jul 10, 2023

Ant Group's $6 billion buyback signals post-China crackdown rebound

China slapped over $1 billion in regulatory fines against financial companies, including Jack Ma's tech giant, Ant Group. However, investors bet China’s tech crackdown is over; Alibaba and Tencent shares rise.

Jan 12, 2023

With Jack Ma stepping back from Ant, is China’s war on tech giants over?

With Ant Group distancing itself from Ma and Alibaba, it should face fewer regulatory hurdles, however, China and Hong Kong’s listing requirements might delay the the much-awaited IPO till at least 2024.

Jan 9, 2023

Jack Ma gives up control of fintech giant Ant Group

As Alipay becomes one of the top e-payment channels in the Chinese mainland and seeks overseas expansion, Ma is stepping further away from the business empire he created decades ago.

Aug 5, 2022

Alibaba cuts marketing spend as it reports first flat revenue growth

Softness in Chinese commerce business offset by growth in cloud computing unit.

May 27, 2022

Alibaba posts slowest quarterly growth on record, will review marketing spend

Losses increased because of decline in value of investments in publicly-traded companies; backing for newer businesses such as Taocaicai and Taobao Deals; and the continued impact of Covid.