Tag: south-china-morning-post

Alibaba-stocks-slump-following-consumer-slowdown-in-consumption-Getty-Images-1149599508
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 quarter ending in September. The company’s net income declined by 87 percent year-on-year to 3.4 billion yuan...
South-China-Morning-Post-at-rsik-of-being-taken-over-by-Chinese-State-run-entity-getty-images-501044524
Alibaba Owned South China Morning Post Dismisses Reports of Beijing Takeover
Hong Kong-based South China Morning Post (SCMP) is one of the most well-known media outlets in the city. Recently, there have been reports that a Chinese state-backed company might acquire SCMP. However, the outlet has...