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Behaving like a monopoly
- China has ordered Alibaba to pay a record fine of 18.2 billion yuan ($2.8 billion) after antitrust regulators concluded that the online shopping giant had been behaving like a monopoly.
www.cnn.com/2021/04/10/tech/alibaba-china-record-fine/index.htmlChina fines Alibaba $2.8 billion for behaving like a monopoly ...
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May 15, 2024 · It also saw losses nearly double to 4.1 billion yuan ($567 million) from 2.2 billion a year ago as it invested heavily to remain price competitive and shorten delivery times.
Nov 19, 2021 · In the three months to the end of September, Alibaba's revenue rose by 29% to 200.7bn yuan ($31.4bn, £23.3bn), its slowest rate of growth for a year and a half.
May 14, 2024 · (Reuters) -China's Alibaba Group Holding reported an 86% plunge in fourth-quarter profit on Tuesday primarily due to valuation changes from equity investments, pushing its U.S.-listed shares down...
Feb 25, 2022 · Alibaba said group revenue rose about 10% in October-December 2021 to 242.6 billion yuan ($38.37 billion), marking the first time quarterly sales growth has fallen below 20%.
Nov 19, 2021 · Alibaba said profit came in at 5.37 billion yuan ($833 million) for the July-September period, falling from 28.77 billion yuan earned over the same stretch last year.
Nov 18, 2022 · It reported net loss attributable to shareholders of 20.56 billion yuan in the quarter. Excluding one-off items, Alibaba earned 12.92 yuan per American Depository Share, beating estimates...
Nov 17, 2022 · China’s e-commerce leader reported a net loss of 20.6 billion yuan ($2.9 billion) versus projections for a profit of almost the same amount, after it marked down the value of investments...
