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China comes down hard on Alibaba group, fines $2.78bn

Apr 13, 2021 - 7:57 am EDT @theindpanorama 0

Chinese regulators have hit top e-commerce giant Alibaba with a record 18.23 billion yuan ($2.78 billion) fine for violating anti-monopoly laws, it was announced on Saturday, April 10. The fine, the largest anti-monopoly fine ever […]

Jack Ma emerges for first time since crackdown on Ant and Alibaba

Jan 23, 2021 - 7:59 am EST @theindpanorama 1

Alibaba and Ant co-founder Jack Ma has resurfaced after months out of public view, quashing intense speculation about the plight of the billionaire grappling with escalating scrutiny over his internet empire. China’s most recognizable entrepreneur […]

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