Page 7 - Alibaba

China's new regulation blueprint signals its crackdown will go on for years

The document said authorities would "actively" work on legislation in areas including national security, technology and monopolies

Alibaba worker's desperate plea for help sparks #MeToo reckoning

The People's Daily, a mouthpiece for China's ruling Communist Party, has highlighted the incident as an example of why companies must pay more attention to culture the larger they grow

China anti-graft body criticizes business drinking after Alibaba scandal

On Sunday, a female Alibaba staffer alleged that she was sexually assaulted by her manager and a client while on a business trip.

Fired, will never be rehired: Alibaba on manager accused of sexual assault

Two executives who mishandled allegation have also resigned

China's Alibaba fires manager accused of sexually assaulting employee

SHANGHAI (Reuters) -Chinese e-commerce giant Alibaba Group Holding Ltd has fired a manager who allegedly sexually assaulted a female employee and will establish policies to prevent sexual harassment, Chief Executive Daniel Zhang said on Monday.

Rocked by sexual assault claim, Alibaba starts probe, suspends staff

Chinese e-commerce giant Alibaba Group said it has suspended several staff following an employee's allegations on the company's intranet that she was sexually assaulted by her boss and a client

China set to impose $1-billion fine on Meituan over antitrust issues

Firm asked to revamp operations and end exclusivity pacts with some merchants

Tencent boss Pony Ma loses $14 billion in crackdown, more than Jack Ma

While Pony has long had a reputation for staying out of the limelight, that hasn't shielded his company from penalties including antitrust fines and the loss of exclusive music streaming rights

Ant Group's profit falls 37% to $2.1 billion after regulatory setbacks

Billionaire Jack Ma's fintech giant contributed nearly 4.5 billion yuan ($696 million) to Alibaba Group Holding Ltd.'s earnings, a company filing showed Tuesday

Alibaba misses revenue estimates in Q1 as e-commerce growth slows

Core commerce revenue for Alibaba rose about 35% to 180.24 billion yuan in the quarter, compared with estimates of 184.23 billion yuan.

Alibaba, others explore bids for Unisplendour stake worth up to $7.7 bn

Alibaba Group Holding Ltd and Chinese state-backed firms are exploring bids for a stake in Unisplendour Corp, a cloud computing infrastructure firm, that could fetch as much as $7.7 billion

China fines internet giants Alibaba, Tencent in anti-monopoly cases

This is new move to tighten control over their fast-developing industries.

Didi Global saga shows China's tech behemoths must first answer to Beijing

Didi is by most measures an appealing success story. The firm controls almost the entire ride-hailing market in China, and counts SoftBank Group Corp. and Tencent Holdings Ltd. as major shareholders

Alibaba founders pledge shares for loans from global banks: Report

Alibaba said co-founder Ma and his affiliates currently did not have any loans outstanding collateralized by the company's shares.

Alibaba victim of huge data leak by consultant as China tightens security

User data was not sold and Alibaba didn't incur financial losses from leak, the company says.

Alibaba senior executive says founder Jack Ma 'lying low': Report

Ma, China's best-known entrepreneur, has been largely out of public view since last year

China's Didi reveals US IPO filing, all set for blockbuster New York float

Didi could raise around $10 billion and seek a valuation of close to $100 billion

Alibaba Group to develop self-driving trucks with logistics unit Cainiao

Chinese e-commerce leader Alibaba Group Holding Ltd plans to develop self-driving trucks with logistics subsidiary Cainiao, Chief Technology Officer Cheng Li said on Thursday

Tata Digital buys majority stake worth $1.31 bn in online grocer BigBasket

India's antitrust body had in March approved the acquisition of up to a 64.3% stake in BigBasket by Tata Digital

Alibaba reports first operating loss as a public company due to record fine

Alibaba forecast annual revenue to be 930 billion yuan ($144.12 billion) for the fiscal year ended March 2022, above analysts' average estimate of 928.25 billion yuan.