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Alibaba s quarterly revenue jumps 34%

Alibaba s quarterly revenue jumps 34%
channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.

ASX to rise, Wall St higher in broad rally

ASX to rise, Wall St higher in broad rally
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.

China fines Alibaba $2 8B fine for violating anti-monopoly law

China fines Alibaba $2.8B fine for violating anti-monopoly law By Alibaba s sign is shown at an e-commerce expo. File Photo by Stephen Shaver/UPI | License Photo April 10 (UPI) Chinese regulators have imposed a record $2.8 billion fine on Alibaba for violating anti-trust laws. The fine stems from an anti-monopoly investigation of China s Alibaba Group Holding, known as the world s largest e-commerce company and owner of the South China Morning Post, opened in December. Regulators said in a statement at the time they were looking into practice of limiting Internet merchants to exclusively choose a single platform to sell their wares, South China Morning Post reported.

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