Jack Ma Has Lost $12 Billion in Two Months

Jack Ma Has Lost $12 Billion in Two Months

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Interactive Video

Business

University

Hard

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The video discusses the widespread crackdown on China's Internet sector, highlighting the impact on grocery platforms and the scrutiny faced by billionaires. It also covers the restructuring of Ant Group, which is being required to fold its financial operations into a financial holding company regulated like a bank. This move curbs its business growth but avoids the worst-case scenario of a complete breakup.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the company facing an immediate breakup or halting of its financial businesses?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the term 'curb on its business growth' imply in the context of the company's operations?

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