Pony Ma

Over a decade after China blocked Facebook, Meta Platforms, Inc (NASDAQ: META) tried to restart its China business by selling its Quest headsets. The company discussed with several Chinese tech companies and has made progress with video game firm Tencent Holding Ltd (OTC: TCEHY...

A crackdown on fintech in China has hurt the valuation of one of the country's larger companies, and led to changes in the ranking of China's wealthiest people.  What Happened: Jack Ma, the co-founder of Alibaba Group Holding (NYSE: BABA), is no longer the richest person in China...

Alibaba Group Holding Ltd (NYSE: BABA) founder Jack Ma is now ranked behind Pinduoduo Inc (NASDAQ: PDD) CEO Colin Huang in terms of net worth, Bloomberg reported Tuesday. What Happened: Huang and fellow Chinese tech mogul Ma Huateng of Tencent Holdings Limited (OTC: TCEHY) are worth $58.6...