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Book Cover
E-book
Author Bhattacharjee, Kishore, author

Title Ant Group's banking and FinTech debacle : how can Alibaba manage its stakeholders and stage a comeback? / Kishore Bhattacharjee, Shikhar Prasad, Vivekanand Pandey
Published London : SAGE Publications: SAGE Business Cases Originals, 2023

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Description 1 online resource : illustrations
Series SAGE business cases
SAGE business cases
Summary Alibaba, started by Jack Ma in June 1999, became an e-commerce giant within a decade. In October 2020, the company made news for planning the largest initial public offering (IPO) in history (worth USD 34 billion) for its financial tech company, Ant Group. The IPO failed. What lessons can Alibaba and other business leaders learn?The case study attempts to shed light on the probable reasons that led to the fallout of the Chinese retail giant. It also underscores the critical role of Ma and his fintech company, Ant Group, in terms of adherence to the socio-political norms of China (where the company was operating). The case urges the students to analyze critically the importance of managing different stakeholders to any company's success and the corporate obligations of Alibaba in the socio-political system of China. Jack Ma, Alibaba, IPO suspension, Ant Group, Controversy
Notes Description based on XML content
Subject Electronic commerce -- Case studies
Business planning -- Case studies
Business planning.
Electronic commerce.
Genre/Form Case studies.
Form Electronic book
Author Prasad, Shikhar, author
Pandey, Vivekanand, author
ISBN 9781529618792
1529618797