The Digital Source For China's Tech Innovation Since 2000

Ant Group executives exited Alibaba Partnership after China crackdown

July 28, 2022
Source: dailyhunt.in dailyhunt.in
News Snapshot:
Ant Group executives are no longer part of Alibaba Partnership, a body that can nominate the majority of the e-commerce giant's board, Alibaba's annual report released on Tuesday showed, as the pair decouple after Beijing's sweeping regulatory crackdown Alibaba Group has amended its partnership terms, one that was created in 2010 and comprised a group of people with the power to nominate a majority of Alibaba's board. The terms now allow only Alibaba employees to be part of the partnership. Employees of Alibaba's affiliates were no longer partners from May 31, Alibaba said in the filing. Ant said in a...
Go To Original Source →
Tags: Alibaba | Ant Group | Beijing | chief technology officer | China | Chinese | corporate governance | corporate social responsibility | crackdown | Decoupling | e-commerce | ERIC | ESG | executive | finance | financial | Giant | Hong Kong | initial public offering | ipo | IT | KONG | online payment | online shopping | technology

Other Related News:

Cometh the hour, cometh the Mandelson: UK ambassador rides crest of a trade deal

May 10, 2025

Russia Victory Day parade marks 80th anniversary of Nazi defeat

May 9, 2025

Russia's Victory Day parade felt more like a celebration of war than peace

May 9, 2025

Victory Day parade in Russia celebrates the 80th anniversary of the defeat of Nazi Germany

May 9, 2025

FBI warns outdated routers are being hacked and hijacked for criminal purposes

May 9, 2025

Premarket: Trade hopes feed risk appetite, boosting stocks and spurring bitcoin

May 9, 2025

Russia holds Victory Day parade marking the 80th anniversary of the defeat of Nazi Germany

May 9, 2025

‘If I had to choose, I’d prefer the earthquake’: the 2015 disaster left Nepal in ruins, now record rains wreak fresh havoc

May 9, 2025

This $1,200 PTZ camera is a glorified webcam, but it gave my creator workflow a big boost

May 9, 2025
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2025 ChinaTechNews.com. A Service of Asia Media Network.
Twitter