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China fines Alibaba $2.8 billion for anti-competitive tactics
Alibaba Group, the world’s biggest e-commerce company, was fined 18.3 billion yuan ($2.8 billion) by Chinese regulators on Saturday for anti-competitive tactics, as the ruling Communist Party tightens control over
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China asks Alibaba to divest media assets ― Report
Beijing has asked Chinese e-commerce titan Alibaba to divest its assets in the media sector out of concern over the company’s growing public influence, The Wall Street Journal reported Monday.
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China denies mulling near-$1bn fine for Alibaba in monopoly case
China denied on Friday it was planning to hit e-commerce giant Alibaba with a fine of almost $1 billion for allegedly flouting monopoly rules, as authorities put the screws on
