Billionaire, who co-founded Ant, before being forced to give up control of the group, predicts 'great changes' in the AI era over the next two decades

Ma praised the leadership of Eddie Wu and Joe Tsai. He said the split into six units helped streamline decision-making, so Alibaba is more agile and customer-focused

The world's largest video game company plans to double its share buybacks this year as it continues its post-Beijing crackdown recovery

The fintech giant's share price has slumped more than 84% since it filed for a blockbuster IPO — India’s largest — eroding $14.5 billion of investor wealth

The figures are for the quarter that saw Beijing fining the group $984 million for violating consumer protection and corporate governance laws

Crypto trading has remained popular in China despite being banned on the mainland three years ago; endorsement of crypto in Hong Kong has allowed easy access to bitcoin and other tokens

The People’s Bank of China has confirmed the payment app no longer has a controller after Ma gave up most of his voting rights

Among other measures, the rules implement tougher licensing regulations and call for stronger protection of user information and payment accounts

China tech giant will return to online shopping in Indonesia after paying $1.5bn for most of GoTo's e-commerce unit and 75% of Tokopedia

Chinese indexes saw double digit falls in the number of IPOs, compared to last year, amid geopolitical tensions with the West and increasing scrutiny from Beijing regulators

Buffett's exit comes after a string of selldowns for Paytm, including stake cuts by Japanese conglomerate SoftBank Group and the exit of China's Alibaba Group

The foray by Ant into financial AI is notable as the company founded by billionaire Jack Ma is China's biggest fintech firm