Jack Ma to give up control of Ant Group following crackdown by China
Image Source : AP The firm's shareholders agreed to implement a series of adjustments…
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Alibaba lays off nearly 10K employees amid poor sales
Image Source : FILE PHOTO Alibaba Chairman and CEO Daniel Zhang Yong said the company will add nearly 6,000 fresh university graduates to its headcount this year. Chinese tech…
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Tencent Posts Slowest-Ever Sale Rise in Q4, Regulation Impact Set to Ease
Revenue at Chinese social media and gaming giant Tencent grew just 8% in the fourth quarter, the slowest pace since it went public in 2004, reflecting regulatory scrutiny that has hurt…
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