Tag: Alibaba

Shares of Alibaba tumble over 3% after outgoing CEO unexpectedly quits cloud business

Alibaba CEO Daniel Zhang Yong speaks during the launching ceremony of Alibaba Rural Vitalization Fund on May 17, 2021 in Lanzhou, Gansu Province of...

Alibaba, other China ADRs surge as Ant Group capital plan approval fuels hope for relaxing scrutiny

Alibaba has faced growth challenges amid regulatory tightening on China's domestic technology sector and a slowdown in the world's second-largest economy. But analysts think...

China Cracks Down On Its Tech Giants. Sound Familiar?

China’s Ministry of Industry and Information Technology announced a six-month campaign on Monday to regulate internet companies, particularly practices that “disrupt market order, damage...

Alibaba shares jump 8% after being hit with $2.8 billion fine in anti-monopoly probe

The signage is seen at Alibaba Group headquarters during the company's 11.11 Singles' Day global shopping festival in Hangzhou, Zhejiang province, China, November 11,...

China slaps record $2.8 billion fine on Alibaba after antitrust probe

Chinese regulators on Saturday slapped a record fine of 18.2 billion yuan (2.8 billion dollars) on e-commerce giant Alibaba Group Holding after a months-long...

China slaps Alibaba with $2.8 billion fine in anti-monopoly probe

The front of Alibaba's Wangjing office in Beijing on Dec. 24, 2020.Costfoto | Barcroft Media | Getty ImagesChinese regulators hit Alibaba with a 18.23...

China regulators fine Alibaba $2.75bn for anti-monopoly violations – Times of India

SHANGHAI: Chinese regulators have fined Alibaba Group Holding Ltd 18 billion yuan ($2.75 billion) for violating anti-monopoly rules and abusing its dominant market position,...

US Brands Like Bissell Turn To Livestreaming To Reach Chinese Consumers

With COVID-19 limiting in-person engagements, consumers turned to digital for commerce with some even tuning into livestreams to discover, research and purchase. Livestreaming combines...

Severe blow to Chinese billionaire Jack Ma, Tata Group snatches BigBasket from Alibaba

New Delhi: Tata group is acquiring 68 percent stake in online grocery platform BigBasket for around Rs 9,500 crore. Chinese internet giant Alibaba has about...

Tatas to acquire 68% stake in BigBasket for Rs 9,500 crore

New Delhi: The Tata group is acquiring 68 per cent stake in online grocery platform BigBasket for around Rs 9,500 crore as it bids...

After Months of Lying Low, Alibaba Founder Jack Ma Spotted Playing Golf in Eastern China

New Delhi: After months of lying low, Alibaba founder Jack...

Jack Ma news: Jack Ma spotted playing golf, easing China detention fears | International Business News – Times of India

NEW DELHI: For months, speculation over Jack Ma’s whereabouts has run rampant. Maybe the embattled billionaire had fled to Singapore, some posited. Or he...

European warehouse demand surges as e-commerce giants like Amazon and Alibaba snap up space

Staff make their way around the aisles collecting items before sending them to the on-site dispatch hall to be packaged inside one of Britain's...

Alibaba looking to raise up to $5 billion in U.S. dollar bond issuance after earnings beat

Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015.Brendan McDermid | ReutersAlibaba will be...

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