Tag: Alibaba
Proposed CCP Policy Threatens Rare Bright Spot in China’s Economy
While China’s economy sputters amid a number of economic crises, recently tabled legislation by the Chinese...
Beijing Disciplines Jack Ma’s Ant Group With $1 Billion Fine
Ant Group, the parent company of Alibaba and Alipay, has just been fined nearly $1 billion by state regulators...
E-Commerce Giant Alibaba to Split Into 6 Firms and Pursue Separate IPOs to Streamline Operations
Alibaba Group, one of the largest e-commerce companies in the world, has announced its plans to split...
US Regulators to Vet Chinese Firms’ Audits
U.S. regulators have selected major U.S.-listed Chinese companies for audit inspection, with e-commerce...
China Points to Regulatory Easing After Tech Meeting, But Analysts Warn it Won’t Be That Simple
On May 17, Chinese officials met with some of the country’s most prominent tech executives amid a year-long...
Brooklyn Nets Disinvited Rockets GM After He Supported Hong Kong Protests: ESPN Investigation
The Brooklyn Nets refunded former Houston Rockets General Manager Daryl Morey’s purchase of a box suite...
Chinese Tech Giant Huawei Linked to Surveillance Operations and Intelligence Gathering: Report
An analysis by the Washington Post finds that Chinese telecommunications firm Huawei may have played...
Piper Sandler Analyst Warns Against Chinese Stocks
U.S.-listed Chinese stocks have received quite a beating this year as these companies have come under...
China’s Tech Industry Seeing Largest Round of Layoffs as Beijing’s Sweeping Crackdown Continues
As Chinese leader Xi Jinping’s crackdown on the country’s Big Tech sector continues, Beijing’s regulators...
Alibaba Shares Plunge After Company Warns of Potential Slowdown
Shares of Chinese tech giant Alibaba have taken a hit after it reported a dismal performance for the...
SoftBank Suffers Loss Amidst China’s Tech Crackdown
Tokyo-based investment management company SoftBank Group has announced a net loss for the July-September...
Police Detain Two Alibaba Employees on Charges of Sexual Assault
Chinese police have detained two suspects in a sexual assault case following allegations raised by a...