Wednesday, 23 December 2020

Jack Ma's Alibaba, Ant Under Scrutiny In China's Escalating Probe

China kicked off an investigation into alleged monopolistic practices at Alibaba Group Holding Ltd. and summoned affiliate Ant Group Co. to a high-level meeting over financial regulations, escalating...

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Lower Entry Barriers After Record Antitrust Fine: Alibaba As Shares Rally

Alibaba Group CEO Daniel Zhang said on Monday he does not expect any material impact from the change of exclusivity arrangement imposed by C...