China fines leading food delivery apps, like from Alibaba, PDD, and Meituan, a total of ~$528M, the largest fine for the sector since the 2015 food safety law
Chinese regulators fined leading food delivery platforms including Alibaba Group Holding Ltd., PDD Holdings Inc. and Meituan for failing to filter out unqualified merchants.
Sources: China has told Alibaba, Tencent, and ByteDance that they can prepare orders for Nvidia's H200 chips, suggesting Beijing is close to approving imports
Chinese officials have told the country's largest tech firms including Alibaba Group Holding Ltd. they can prepare orders …
China unveils rules banning major platforms like Alibaba from forcing merchants into discounts or practices seen as disrupting market order, effective February
China unveiled broad regulations Wednesday that ban major platforms such as Alibaba Group Holding Ltd. from coercing online merchants …
Meituan, Alibaba, and JD.com vow to curb “disorderly competition” and end their price war in China's food delivery space after warnings from government agencies
Meituan, Alibaba Group Holding Ltd., and JD.com Inc. vowed Friday to curb “disorderly competition” …
People's Bank of China lists Ant Group's Alipay as having no controller, as Ant finished removing controlling stakeholders almost a year after Jack Ma's promise
The bank now lists Ant's Alipay as a firm without an actual controller. — Ma, co-founder of Alibaba Group Holding Ltd. …
Alibaba's cloud ambitions, aiming to rival AWS, have been derailed by Beijing's crackdown, as sources say many institutions have moved to state-backed rivals
For years, Alibaba Group Holding Ltd. had a legitimate shot at becoming the Amazon.com Inc. of China, an e-commerce juggernaut … Tweets: @pelstrom Tweets: Peter Elstrom / @pelstrom : Deep dive into Al...
After US put Alibaba's Taobao site back on counterfeiters blacklist, Alibaba says it will create advisory board with international brands to tackle fake goods
Advisory board is intended to improve intellectual-property enforcement — Chinese e-commerce giant Alibaba Group Holding Ltd. …