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China lectures big tech firms, says 'learn from Alibaba'
Updated : 5 years, 3 months ago IST
Beijing [China], April 15 (ANI): After imposing a 2.8 billion dollar fine on e-commerce giant Alibaba, regulators in China have lectured the country's largest tech firms including Tencent Holding, Meituan, and ByteDance, to fear and respect the rules of the industry.
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China slaps record $2.8 billion fine on Alibaba after antitrust probe
Updated : 5 years, 4 months ago IST
Hong Kong, April 10 (ANI): Chinese regulators on Saturday slapped a record fine of 18.2 billion yuan (2.8 billion dollars) on e-commerce giant Alibaba Group Holding after a months-long antitrust investigation that was initiated on Christmas eve last year, reports South China Morning Post.
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Big tech firms concerned over antitrust scrutiny in China
Updated : 5 years, 4 months ago IST
Washington DC [US], April 4 (ANI): Of late China's big tech firms like Alibaba, Tencent and Baidu are dealing with hurdles similar to those that faced by Amazon, Facebook and Google, which has now become a big theme and could hamper the growth of its homegrown tech giants.
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Despite ban, illicit trading of human placenta continues unabated in China
Updated : 5 years, 4 months ago IST
Hong Kong, March 18 (ANI): Despite a ban, fresh human placentas continue to be secretly sold in underground markets in China, citing insiders of this illegal industry, Chinese media reported on Monday.
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Alibaba's Jack Ma resurfaces after months out of public view
Updated : 5 years, 6 months ago IST
Beijing [China], January 20 (ANI): Chinese billionaire Jack Ma, suspected to be missing following Beijing's aggressive crackdown on Alibaba Group, resurfaced on Wednesday.
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Otipy, India's Largest Social Commerce Platform for Fresh Groceries Record
Updated : 5 years, 7 months ago IST
New Delhi [India], January 7 (ANI/BusinessWire India): Community group-buying is revolutionizing the grocery e-commerce space in China. Disruptive brands like Furong Xingsheng (Valued at USD 3 Bn as per Bloomberg - Link/Funding: USD 740M) and Nice Tuan (Valued at ~USD 1Bn as per articles, Li
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Chinese billionaire Jack Ma suspected to be missing following Beijing's ag
Updated : 5 years, 7 months ago IST
Beijing [China], January 4 (ANI): Chinese billionaire and Alibaba Group founder Jack Ma is suspected to be missing following his mysterious disappearance from the public eye for over two months after Beijing's aggressive crackdown on his business empire.
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'Alibaba of Agriculture', Agri10x, gears up to set new records
Updated : 5 years, 8 months ago IST
Pune (Maharashtra) [India], November 18 (ANI/PRNewswire): Pune-based agtech major Agri10x is expected to clock a whopping GMV of INR 100 crore by December 2021, making it not just one of the fastest growing agtech companies globally, but also rightfully earning the title of the 'Alibaba of A
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After TikTok, Trump indicates banning Alibaba, other Chinese firms in US
Updated : 5 years, 12 months ago IST
Washington [US], Aug 17 (ANI): US President Donald Trump has indicated that he was looking to ban other Chinese-owned companies, including e-commerce giant Alibaba in the United States, days after signing an executive order targetting TikTok's parent company, ByteDance, Fox News reported.
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Gurugram district court summons Alibaba Group founder Jack Ma, others for
Updated : 6 years ago IST
Gurugram (Haryana) [India], July 26 (ANI): The Gurugram district court has issued summons to Alibaba Group founder Jack Ma, among others, in a civil suit filed by a former employee for wrongful termination from the UC Web Mobile Company, said lawyer Atul Ahlawat on Sunday.
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Fire breaks out near Belgium's Liege Airport terminal
Updated : 6 years ago IST
Brussels [Belgium], July 23 (ANI): A fire broke out on late Wednesday (local time) near the Liege Airport terminal in Belgium, Xinhua news agency reported citing the local media.
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Second lot donations from JackMa, Alibaba Foundation have arrived in Delhi
Updated : 6 years, 2 months ago IST
New Delhi [India], May 25 (ANI): The second lot of donations from JackMa Foundation and Alibaba Foundation including ventilators, PPE kits and other medical supplies have arrived in Delhi, Chinese Ambassador to India Sun Weidong said on Monday.
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