Tag: Alibaba

  • China denies plan for $1 bn Alibaba fine

    China denies plan for $1 bn Alibaba fine

    , as authorities turned up the pressure on the country´s vast technology sector. Alibaba, China´s largest online shopping portal, has been in the crosshairs of authorities in recent months over concerns of its reach into the daily finances of ordinary Chinese people. The market´s regulator denied it was planning to fine the company almost $1…