Tag: Alibaba

Sort: Date | Title | Views | | Random Sort Ascending
View:

Alibaba shares plunge as Beijing ‘seeks to break up Ant’s Alipay’

19 Views0 Comments

Shares in the Chinese technology company Alibaba have fallen sharply after reports said regulators wanted to break up Alipay, the payments app with more than 1 billion users owned by Jack Ma’s Ant Group. Beijing is se...

Alibaba sexual assault case dropped as China police say ‘forcible indecency’ not a crime

35 Views0 Comments

Prosecutors in China have dropped a case against an Alibaba manager accused of sexually assaulting an employee, saying he committed “forcible indecency” but that it did not constitute a crime. In August a female emplo...

Alibaba chief attacks ‘drinking culture’ after manager is accused of rape

42 Views0 Comments

The Chinese e-commerce company Alibaba has fired a manager accused of rape, as its chief executive condemned the “ugly forced drinking culture” affecting the company. An unidentified employee had accused her manager a...

Alibaba shares jump after record $2.8bn anti-monopoly fine

45 Views0 Comments

Shares in Alibaba surged on Monday after the e-commerce company said that a record $2.8bn fine handed down by Chinese regulators marked the end of an investigation into anti-competitive practices at the company. Top e...

China fines Alibaba billions for alleged market abuses

46 Views0 Comments

Chinese regulators have hit e-commerce company Alibaba with a fine of 18.2bn yuan (US$2.78bn) over practices deemed to be an abuse of its dominant market position, according to state-run media. The Xinhua news agency ...