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Anti-monopoly fine pushes Alibaba to first operating loss as public company

Anti-monopoly fine pushes Alibaba to first operating loss as public company

3 years ago
Business

China's top e-commerce platform Alibaba Group Holding Ltd (9988.HK), on Thursday posted its first quarterly operating loss since going public

Is Alibaba's fate a warning to China’s tech giants?
- 3 years ago
- Business
It's been a tough week for Chinese tech firms.
Over the weekend, Chinese billionaire Jack Ma's e-commerce giant Alibaba was

Events leading up to China's $2.75 billion fine on Alibaba
- 3 years ago
- International
China slapped a record $2.75 billion antitrust fine on Alibaba Group Holding Ltd on Saturday, after regulators determined the e-commerce giant had

Alibaba accepts record China fine and vows to change
- 3 years ago
- International
Chinese tech giant Alibaba said on Monday that it accepted a record penalty imposed by the country's anti-monopoly regulator.

China's Alibaba hit with record $2.75 billion antitrust fine
- 3 years ago
- Business
Chinese regulators said on Saturday they have fined Alibaba Group Holding Ltd a domestic record $2.75 billion for antitrust violations, amid an

China fines Alibaba record $2.75 billion for anti-monopoly violations
- 3 years ago
- Business
SHANGHAI/HONG KONG - Chinese regulators have fined Alibaba Group Holding Ltd 18 billion yuan ($2.75 billion) for violating anti-monopoly

Why did Alibaba's Jack Ma disappear for three months?
- 3 years ago
- Technology
Jack Ma was about to become the richest man in China.
In November 2020, on the eve of another commercial success, the outspoken

China regulators held talks with Alibaba, Tencent, nine others on 'deepfake' tech
- 3 years ago
- Business
BEIJING - Chinese regulators recently summoned 11 domestic technology companies including Alibaba Group, Tencent and ByteDance for talks on use of

Alibaba is back in Beijing's good books for helping to fix poverty
- 3 years ago
- Business
Jack Ma's tech empire may still be facing tough new regulations in China, but Alibaba seems to have won at least a little bit of favor this

China’s tech giants face new anti-monopoly rules
- 3 years ago
- Business
New anti-monopoly rules for China's tech giants were introduced on Sunday.
The guidelines, which formalise draft laws released in

What next for the stars of online retail?
- 3 years ago
- Technology
Amazon and Alibaba, the two biggest players in online retail, have both unveiled stellar results. But the American and

Alibaba revenues soar but Ant Group float uncertain
- 3 years ago
- Business
Chinese e-commerce giant Alibaba has posted strong results for the last quarter of 2020.
The company founded by Jack Ma saw revenues up

Alibaba prepares to face investors as crackdown in China intensifies
- 3 years ago
- Business
Alibaba is coming off what was likely a big quarter for its e-commerce business. But China's most famous tech firm is still poised to face

Chinese state newspaper omits Jack Ma from list of entrepreneurial leaders
- 3 years ago
- Business
Alibaba Group founder Jack Ma has been left off a list of Chinese entrepreneurial leaders published by state media - the snub underscoring how

Alibaba sinks 18% in worst day ever after Chinese regulators open antitrust investigation
- 3 years ago
- Business
Alibaba suffered its worst one-day decline ever since going public in 2014 after Chinese regulators opened an antitrust investigation into the

Alibaba tells Trump we 'support American brands'
- 4 years ago
- Business
Alibaba has moved to ease tensions with Donald Trump, as the US president continues to threaten Chinese firms. Chief executive

Alibaba, Jack Ma Send Russia Medical Equipment to Fight Virus Outbreak
- 4 years ago
- Health
The foundations of Chinese e-commerce giant Alibaba and its co-founder Jack Ma said on Wednesday they had sent medical equipment, including masks

Donated Medical Supplies from Jack Ma, Alibaba Foundations Arrive in Malaysia
- 4 years ago
- Health
Two cargo flights transporting medical supplies donated by the Jack Ma Foundation and Alibaba Foundation for the fight against COVID-19 arrived in