JD.com Wins Anti-Monopoly Lawsuit Against Alibaba December 29, 2023 Chinese online retailer JD.com 9618.HK said on Friday that it won a lawsuit against rival Alibaba 9988.HK, which was fined...
Alibaba Must Face Lawsuit Over Counterfeit Squishmallows December 28, 2023 By Jonathan Stempel A U.S. judge on Wednesday rejected Alibaba’s bid to dismiss a lawsuit over the alleged sale by various merchants of...
Scrutiny of Alibaba in Record Cyber Breach May Ensnare All China Tech July 15, 2022 By Sarah Zheng and Coco Liu Questions surrounding Alibaba Group Holding Ltd.’s role in China’s largest known cybersecurity breach may fuel Beijing’s resolve to clamp down...
Chinese Authorities Tell Banks, State-Owned Firms to Report Exposure to Ma’s Ant Group February 22, 2022 By Bloomberg News Chinese authorities told the nation’s biggest state-owned firms and banks to start a fresh round of checks on their financial...
China’s Alibaba Fires Woman Who Accused Boss of Sexual Assault in #MeToo Setback December 13, 2021 By Bloomberg News Alibaba Group Holding Ltd. has fired a woman who accused a manager of sexual assault, a surprise move that came...
Investor Warburg Cuts Valuation of Ant Group by 15% to Below $200B: Source November 24, 2021 By Julie Zhu, Kane Wu and Nikhil Nainan HONG KONG – Warburg Pincus, a major global investor in Ant Group, has cut its valuation of the Chinese fintech...
China’s Ant Group Reports 39% Rise in Profits on Investment Gains November 18, 2021 By Patrick Winters Ant Group Co.’s profit rose an estimated 39% in the June quarter, attributed to a gain in investments as billionaire...
Alibaba Scandal Sparks #MeToo Reverberations in C-Suites Across China August 11, 2021 By Coco Liu and Zheping Huang Few paid much attention when she first turned up at the center of Alibaba Group Holding Ltd.’s packed cafeteria on...
China’s Alibaba Blasted by State Media for Delay in Handling Sexual Assault Accusation August 10, 2021 By Nabila Ahmed SHANGHAI – China’s biggest online commerce firm, Alibaba Group Holding Ltd, on Monday said it had fired a manager accused...
Global Regulators Warned About Entry of ‘Big Tech’ Firms into Financial Services August 3, 2021 By Marc Jones Central banks and financial regulators urgently need to get to grips with the growing influence of “Big Tech,” according to...