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Alibaba

Business 4 years ago

Amazon stays atop fast-growing cloud computing market: Survey

A Gartner survey released Monday showed the so-called "infrastructure as a service" market grew 40.7 percent last year to $64.3 billion.

Business 4 years ago

Jack Ma to step down as president of his business school: FT

Ma, formerly one of China's most flambouyant entrepreneurs, has largely disappeared from public view since Alibaba's fintech arm was investigated and fined by regulators for alleged monopolistic practices.

Business 4 years ago

Alibaba shares soar as it plays down hit from record $2.78 billion fine

However, concerns that officials had not finished with a crackdown on the sector weighed on big-name firms including Tencent and JD.com.

Business 4 years ago

China fines Alibaba $2.78bn for market abuses

Xinhua news agency said the State Administration for Market Regulation had assessed the fine after concluding an investigation into Alibaba that began in December.

Business 4 years ago

Facing pressure at home, Chinese tech giants expand in Singapore

Messaging-and-gaming behemoth Tencent is opening a hub and TikTok owner ByteDance is on a hiring spree after establishing a regional HQ, while e-commerce giant Alibaba is investing in property and recruiting.

Business 4 years ago

Tencent boss vows 'compliance' with China regulators

Tencent, which owns the super-app WeChat and a lucrative gaming empire, is the latest tech conglomerate to fall into the crosshairs of China's regulators.

Opinion 5 years ago

Telling the fortune of digital payments in 2021, Chinese New Year style

As e-commerce becomes increasingly global, payments are becoming hyperlocal.

Business 5 years ago

Jack Ma's reappearance fails to soothe all investor concerns about regulatory crackdown

Jack Ma had not appeared in public since Oct. 24, when he blasted China’s regulatory system.

Business 5 years ago

Alibaba's Jack Ma makes first live appearance in three months in online meet

Ma had not appeared in public since Oct. 24, where he blasted China’s regulatory system in a speech at a Shanghai forum that set him on a collision course with officials.