Thursday, 29th, 2017 | 11:32AM Updated

Alibaba founder Jack Ma (R) is facing criticism from Capitol Hill for the acquisition of MoneyGram by Ant Financial, an Alibaba subsidiary.
Alibaba’s $1.2bn MoneyGram Deal Draws Flak from US Lawmakers

If Ant Financial is successful in acquiring MoneyGram, the company will be able to bypass all the legal and regulatory work required in establishing Ma’s global payments business.
E-commerce Giant Alibaba Drawn Into MoneyGram Bidding War

Alibaba chairman Jack Ma is a known advocate of women's rights and entrepreneurship.
Alibaba to Increase Stake in Indian E-tailer Paytm to 40 Percent

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