Tag Archives: Alibaba

China’s antitrust regulator has imposed a fine equivalent to $ 2.8 billion against Alibaba Group Holding Ltd  for abusing its dominant position over rivals and merchants on its e-commerce platforms, a record penalty in the country that comes amid a wave of scrutiny on the business empire of company founder …

Jack Ma “has ultimate control over our Company,” Ant Group said in a filing as it plans to go public. AFP via Getty Images Ant Group could be headed for the largest initial public offering in history, as the Chinese financial-technology juggernaut chases a valuation that would rival the biggest …