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Jack Ma

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Jack Ma Life story


Jack Ma Yun is a Chinese business magnate, investor and philanthropist. He is the co-founder of Alibaba Group, a multinational technology conglomerate. In addition, Ma is also the co-founder of Yunfeng Capital, a Chinese private equity firm.

Jack Ma: Alibaba founder seen in China after long absence

Jack Ma: Alibaba founder seen in China after long absence
Mar 27,2023 9:40 am

...By Nicholas YongBBC News, SingaporeAlibaba founder Jack Ma, who has rarely been seen in public in the past three years, has resurfaced at a school in Hangzhou, a report says...

Lindsay Lohan and Jake Paul hit with SEC charges over crypto scheme

Lindsay Lohan and Jake Paul hit with SEC charges over crypto scheme
Mar 22,2023 5:10 pm

... Mr Sun, a Chinese-born protégé of Alibaba founder Jack Ma, is known for having once paid $4...

Bao Fan: Why do Chinese billionaires keep vanishing?

Bao Fan: Why do Chinese billionaires keep vanishing?
Mar 9,2023 2:30 am

... The mystery shrouding his disappearance comes after a number of Chinese business leaders have gone missing in recent years, including Alibaba boss Jack Ma...

Xi Jinping is unveiling a new deputy - why it matters

Xi Jinping is unveiling a new deputy - why it matters
Mar 3,2023 7:50 pm

... He sought out meetings with Alibaba s founder Jack Ma and other executives seeking advice on the climate for business there...

Jack Ma to give up control of fintech giant Ant Group

Jack Ma to give up control of fintech giant Ant Group
Jan 8,2023 6:41 am

...The billionaire founder of Ant Group, Jack Ma, is to give up control of the Chinese fintech giant after a regulatory crackdown...

How to be a former prime minister

How to be a former prime minister
Dec 9,2022 7:50 pm

... He set up a commission to put some numbers on how much money is needed - and roped in friends from his time in office like former Australian Prime Minister Julia Gillard, CEOs like Jack Ma of Alibaba, education activists like Nobel prize winner Kailash Satyarthi, and even the popstar Shakira...

China anniversary: How the Communist Party runs the country

China anniversary: How the Communist Party runs the country
Oct 5,2022 10:20 am

... That includes people like billionaires such as Alibaba s Jack Ma or Huawei s Ren Zhengfei, and even celebrities like actress Fan Bingbing...

Ex-Googler China is the second richest person

Ex-Googler China is the second richest person
Jun 24,2020 10:14 am

... 4bn) by, on Sunday, ahead of Alibaba s Jack Ma, but behind Tencent s Pony Ma...

Lindsay Lohan and Jake Paul hit with SEC charges over crypto scheme

Feb 16,2020 9:40 am

By Max MatzaBBC News

Eight celebrities, including Lindsay Lohan and Jake Paul , have been charged by US regulators with participating in an illegal crypto scheme.

The famous group allegedly used their social platforms to boost two crypto tokens without disclosing they were paid to promote them.

The charges were announced by the US Securities and Exchange Commission (SEC) in a on Wednesday.

Lohan and Paul have paid to settle the charges without admitting guilt.

The Other celebs charged are:

The group is accused of illegally promoting TRX and BTT crypto assets " without disclosing that they were compensated for doing so and the amount of their compensation, " the SEC said.

Justin Sun , a crypto investor and diplomat for The Caribbean island nation of Grenada, is also accused of fraud by manipulating the trading activity of the two tokens to make it appear As If they were actively being traded in A Crime known as " wash trading".

Mr Sun, a Chinese-born protégé of Alibaba founder Jack Ma , is known for having once paid $4. 6m (£3. 7m) to have dinner with investor Warren Buffett .

He is accused of " orchestrating a promotional campaign in which he and his celebrity promoters hid the fact that the celebrities were paid for their tweet, " the SEC added in their news release.

His companies - Tron Foundation Limited, Bittorrent Foundation Ltd. and Rainberry Inc. (formerly Bittorrent ) - are also charged as part of the scheme.

" This case demonstrates again the High Risk investors face when crypto asset securities are offered and sold without proper disclosure, " said SEC Chair Gary Gensler .

" Sun and his companies not only targeted U. S. investors in their unregistered offers and sales, generating millions in illegal proceeds at the expense of investors, but they also coordinated wash trading on an unregistered trading platform to create the misleading appearance of active trading, " Mr Gensler added.

All of the celebrities, apart from Mr Cortez Way (Akon) and Mr Mahone have paid a combined total of More Than $400,000 to settle the charges.

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Source of news: bbc.com

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