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Category: Alibaba

China pushes Alibaba founder Jack Ma to downsize his finance business

Alibaba Mojgan 3 January 2021 5

China’s crackdown on Jack Ma’s empire is far from over: The country’s regulators have ordered the Ma-founded Alibaba affiliate Ant Group to scale down its business. In particular, they’ve ordered the…

Alibaba is facing an anti-monopoly probe by Chinese regulators

Alibaba Mojgan 27 December 2020 3

China’s market regulator has opened an investigation into Alibaba’s “suspected monopolistic conduct.” The State Administration for Market Regulation has posted a short statement on its website announcing the anti—monopoly…

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