The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Ant, Alibaba plan for less intertwined future after China crackdown | Malay Mail

June 22, 2022
Source: malaymail.com malaymail.com
News Snapshot:
> BEIJING, June 22 — Ant Group and Alibaba are untangling their operations from each other and independently seeking new business as the Jack Ma-founded companies navigate China’s devastating regulatory crackdown, four sources familiar with the matter said. E-commerce giant Alibaba Group Holding 9988.HK created what would become payments and financial services provider Ant and spun it off in 2011, although it still retains a 33 per cent stake and the two companies have some overlap in leadership. However, the duo have begun to unwind some of their collaborative arrangements as they try to recover from a sweeping technology sector...
GO TO ORIGINAL SOURCE →
China Tech Buzz Topics: Alibaba | Alipay | Amazon | Ant Group | Antitrust | bank | Beijing | China | Chinese | e-commerce | Economy | finance | fintech | human resources | Internet | investment | ipo | Jack Ma | mobile | online payment | online shopping | online video | Pinduoduo | revenue | Shanghai

Other News:

Mecca pact isn’t a NATO for Gulf-it’s Saudi insecurity on display

August 11, 2026
theprint.in theprint.in

Tech stock sell-off tests AI hype, but infrastructure investment cycle will go on

August 11, 2026
straitstimes.com straitstimes.com

L&T joins India’s race to build rare-earth magnet supply chain outside China

August 11, 2026
thehindubusinessline.com thehindubusinessline.com

Xinhua Silk Road: Over 1,200 program teams register for Hefei-based global tech talent innovation competition

August 11, 2026
manilatimes.net manilatimes.net

Russia fired North Korean missiles in attack that killed six in Zaporizhzhia, Zelenskyy says

August 11, 2026
euronews.com euronews.com

Spy cams on British Navy drones sent signals to China, says Telegraph report. UK denies data breach

August 11, 2026
theprint.in theprint.in

Jetour’s Australian lineup could include new electric SUV

August 11, 2026
perthnow.com.au perthnow.com.au

China's AI Weather Models: Leading the Stormfront of Forecasting

August 11, 2026
devdiscourse.com devdiscourse.com

INDIA BONDS-Indian bonds skid as crude soars, Treasuries fall

August 11, 2026
economictimes.indiatimes.com economictimes.indiatimes.com
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.