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...In the early evening or late afternoon, I’ll go to see my friend Sina at his chic bar, Si Ma Townhouse (he’s also the bartender), on Corso di Porta Vigentina....
...Didi, after all, was merely following a path well-worn by predecessors including Alibaba, Jack Ma’s ecommerce group, and Sina Weibo, which runs the closest in China to Twitter....
...Criticism by Alibaba’s Jack Ma of China’s banking regulators last year sparked a series of crackdowns on both the billionaire and his business empire....
...spin-off in which Mr Ma is a controlling shareholder....
...Sina, the Chinese company behind the popular Twitter-like microblog Weibo, said its board accepted an updated go-private offer by chairman and chief executive Charles Chao that values the company at $2.59bn...
...This month, the social media platform Sina Weibo gave government censors the power to directly flag the posts that they considered rumour....
...The other investors include GIC-managed City-Scape and Chinese internet and telecoms group Sina Corp....
...and Mr Ma....
...Additional reporting by Yuan Yang and Yingzhi Yang in Beijing, Ben Bland in Hong Kong and Nan Ma in Shanghai Twitter: @tmitchpk, @gabewildau, @emilyzfeng...
...Additional reporting by Nan Ma Twitter: @gabewildau...
...In February, it hired Ma Wei-Ying, the former assistant managing director of Microsoft Research Asia, to lead its AI Lab....
...“Tech is seen as a useful tool to rebalance the economy,” says Duncan Clark, author of Alibaba: The House That Jack Ma Built....
...Meanwhile, Didi strongly denied a report by news agency Sina.com, which quoted senior Didi vice-president Zhang Bei on a conference call with investors saying Uber and Didi apps would merge within a year...
...but other titans of the Chinese internet such as Tencent, Sohu, Sina and Baidu — all household names in China but little known in the west....
...Alisports was established by Alibaba in September with minority investors including Sina and Yunfeng Capital, a private investment vehicle controlled by Mr Ma....
...Its flagship product, a platform called Tencent Weibo, which was intended to mimic Twitter, was losing ground to competitor Sina and its highly successful Sina Weibo. But Ma was strangely optimistic....
...It has agreed a deal to build 150 IMAX screens in China and announced a partnership with Sony Pictures to co-invest in films ———————- Companies such as Sina.com and Wang Jianlin’s Dalian Wanda — which...
...Additional reporting by Ma Fangjing...
...Additional reporting by Ma Nan Twitter: @gabewildau...
...Twitter: @gabewildau Additional reporting by Ma Nan...
...Internet companies such as Sina and Baidu were in the headlines and the race was on to create the Chinese equivalent of Google....
...Additional reporting by Ma Nan in Shanghai Twitter: @gabewildau...
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