Ant, Alibaba plan for less intertwined future after China crackdown
Authorities are wary about once-freewheeling 'platform economy' companies crowding out smaller rivals and the risks they pose, though there are signs now that the clampdown is being gradually eased.
Alibaba takes in US$84.54 billion in orders in toned-down Singles Day
The results come as overall consumption in China slows, and cap a relatively muted version of a sales festival that Alibaba once aggressively promoted.
China’s ‘Single’s Day’ shopping fest subdued by tech crackdown
E-commerce platforms are keeping their heads down due to the government scrutiny, which targets alleged abuse of user data and monopolistic business practices.
Alibaba shares soar after Jack Ma reported on Europe trip
Ma has kept a low profile ever since mainland officials spiked what would have been a world record US$37 billion initial public for Alibaba's financial group Ant last November.
Billionaire Alibaba founder Jack Ma ‘reappears in Hong Kong’
The Chinese billionaire has been keeping a low profile since delivering a speech in October last year in Shanghai criticising China's financial regulators.
Chinese prosecutors drop case against former Alibaba employee accused of sexual assault
Alibaba meanwhile says it has a zero-tolerance policy for sexual misconduct.
Alibaba shares slide after US$15 billion ‘prosperity’ pledge
Chinese authorities have enforced a sweeping regulatory crackdown on the nation's tech sector after years of runaway growth.
Chinese ride-hailing giant Didi facing probe ahead of US market listing
In recent months, Beijing has been clamping down on the country's internet giants for wielding too much power.
Alibaba’s ‘vanished’ Jack Ma ‘lying low and painting’, says co-founder
Ma has been noticeably absent after falling foul of China’s regulators last year.
China hits Alibaba with record US$2.78 billion fine for market abuses
Alibaba has accepted the penalty and pledged to outline plans for bringing its operations in compliance.
China asking Alibaba to divest media assets, report says
The government didn't specify whether Alibaba was requested to completely withdraw from the media or divest part of its shares.
Now, China denies mulling US$1 billion fine for Alibaba
Alibaba spokesman says if the news is not on its website, it's not true.