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Ant Financial was set to be the biggest IPO in history last year, before founder Jack Ma’s criticism of the Chinese government in October angered the administration and derailed the offering altogether. Since then, Ma has been scrabbling together his olive branches in the hopes of getting back into regulators’ good graces. And on Wednesday, […]
Alibaba’s Initial HR Mind is about to Have $5 billion Wealthier
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Lucy Peng was known as Alibaba Group Holding Ltd.’s strongest girl. The co-founder of this e-commerce giant seldom speaks privately and is known outside China, but within the last two decades she has played an integral role directing Jack Ma’s empire. Peng, 47, helped setup Alibaba’s human-resources division, was Ant Group Co.’s chief executive officer […]