Highest penalty for Alibaba
12 April 2021
4807
China's largest e-commerce company, Alibaba, received its largest fine of nearly 3 billion this Saturday. Recall that the founder of the company Jack Ma criticized the financial model and financial regulation in the country. This led to a number of...
Chinese authorities fined Alibaba 2.8 billion dollars
10 April 2021
4546
Largest fine in history The company was accused of violating antitrust laws. Alibaba's actions had a negative impact on competition in the e-commerce market, the regulator said. China's State Market Surveillance Administration has imposed a fine of...
Beijing accuses Alibaba of dishonest business
15 March 2021
3455
Unfair business The Chinese authorities intend to impose the largest antitrust fine in the country's history on Internet platform Alibaba. This was reported by The Wall Street Journal (WSJ). According to WSJ sources, Alibaba is to be fine...
Alibaba shares fell after reports of founder's disappearance
6 January 2021
2931
The company's stock has fallen Billionaire and one of China's most famous personalities Jack Ma has not been seen in public for two months. The disappearance was preceded by a scandal with Jack Ma criticising China's financial and economic system an...
Disrupted IPO: ban by the Chinese authorities
21 December 2020
3182
The Chinese billionaire Jack Ma, who has fallen out of favor with the Chinese authorities, is trying to save the first public sale of shares in Ant Group. Ant Group is a subsidiary of Alibaba Group, with a 33% shareholding, and the largest fin-tech ...
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