The turbulence surrounding Jack Ma has now spread to his private equity firm.
It’s been a turbulent few months for Alibaba founder Jack Ma, ever since the Chinese government abruptly halted the initial public offering of his financial company Ant Group. Some of that turbulence has now spread to Yunfeng Capital, the private equity firm Ma set up in 2010 which has invested in some of China’s fastest-growing companies.
At The Wire, we periodically focus on prominent firms investing in China, introducing them to our readers and mapping their corporate and shareholding
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