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- China’s most famous tech company faces a host of challenges at home and abroad that risk fundamentally changing it forever. Chinese authorities are investigating the company on antitrust grounds as part of a growing crackdown on the tech industry, while also pushing its sprawling financial affiliate, Ant Group, to overhaul its business.
www.cnn.com/2021/01/15/tech/alibaba-tech-challenges-intl-hnk/index.html
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Jan 2, 2024 · Experts say the restructuring chaos has also distracted Alibaba from tackling its “core problem” in its most profitable and cash-generating business of domestic ecommerce.
Apr 14, 2021 · Over the weekend, Chinese billionaire Jack Ma's e-commerce giant Alibaba was fined $2.8bn (£2bn) by Chinese regulators, who said it had abused its market position for years.
Jan 15, 2021 · While the Trump administration has backed off a proposal to ban American investment in Alibaba and two other prominent Chinese tech firms, US-China tensions are likely not going away anytime soon.
The world's biggest online retailer - China's Alibaba - has been hit with a record fine equivalent to $2.75bn (just over £2bn). Regulators in China said the internet giant had abused its dominant...
Jan 18, 2022 · With such a difficult environment persisting into the New Year, Alibaba, which has been described as China’s answer to Amazon, faces a potentially challenging 2022 – although analysts count the...
- Matthew Fulco
Chinese tech giant Alibaba said on Monday that it accepted a record penalty imposed by the country's anti-monopoly regulator. Regulators slapped a $2.8bn fine after a probe determined that it had...
Sep 9, 2021 · The first, and the most obvious, problem is that Alibaba is not a commercial bank, and therefore not covered by the conventional regulatory system that applies to banking.
