Alibaba agrees to a $443.5M settlement in a US shareholder lawsuit alleging that Alibaba hurt investors by making misstatements about its exclusivity practices
Connor Hart / Wall Street Journal :
Alibaba agrees to a $443.5M settlement in a US shareholder lawsuit alleging that Alibaba hurt investors by making misstatements about its exclusivity practices
The e-commerce platform denied allegations that it made misstatements about its antitrust and exclusivity practices
A Beijing court fined Alibaba ~$141M in a lawsuit brought by JD.com that alleged Alibaba's Tmall adopted monopolistic practices known as “choosing one from two”
Chinese online retailer JD.com (9618.HK) said on Friday that it won a lawsuit against rival Alibaba (9988.HK) …
Turkey's top court upholds a law restricting companies' ad spend and customer data use if their sales exceed given limits, in a blow to Alibaba's unit Trendyol
Taylan Bilgic / Bloomberg :
China's antitrust watchdog punishes Tencent, Alibaba, Didi, and others with $74,600 fines for 28 unreported merger deals as far back as 2011
Trams and cast-iron postboxes speak to the history of the city, while delicacies such as fishballs and egg waffles are street food essentials …
Alibaba suspends China's biggest shopping celebrity Huang Wei from Taobao after she was fined ~$210M for tax evasion, in a blow to Alibaba's livestream shopping
Alibaba hit hard after Viya fined $210m for under-reporting income from internet promotions — China's biggest online shopping …
Sources: Alibaba fired a female employee who accused a supervisor of rape, allegations that triggered widespread debate in July over workplace sexual misconduct
Sha Hua / Wall Street Journal :
Alibaba fires a manager accused of rape by a female employee, after the allegation led to a police investigation; two executives also resigned for mismanagement
- Female staff accused boss of rape after drinking with client — Two executives who mishandled allegation have also resigned
China's antitrust watchdog publishes strikingly similar statements from 12 companies, including ByteDance and JD.com, pledging compliance with antimonopoly laws
Days after a record fine against Alibaba, China's tech companies have pledged to adhere to antimonopoly regulations
Employees at Tencent Music, Meituan, and other Chinese tech giants are expecting increased antitrust scrutiny and penalties after Alibaba's record $2.8B fine
Yuan Yang / Financial Times : Tweets: @davidinglestv and @yuanfenyang See also Mediagazer Tweets: David Ingles / @davidinglestv : Alibaba's record fine in context. $2.8 billion is large but not large...