CCP has asked Jack Ma to divest media interests

You may recall the canning of Jack Ma’s Ant IPO after ran foul of China’s leaders.

I suspect he’ll be much more quickly cooperative this time around. The Wall Street Journal report:

  • China’s government has asked Alibaba to dispose of its media assets … according to people familiar with the matter
  • Alibaba’s media presence is seen as posing serious challenges to the Chinese Communist Party and its own powerful propaganda apparatus, the people said.

Alibaba was founded by Jack Ma

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