Entrepreneurs and venture firms have turned away from softer internet businesses and toward hard-core technologies like semiconductors, robotics and enterprise software.
The episode has triggered what many say is a long overdue examination of the ways Chinese women are too often treated at work.
The allegations, first reported by an employee on Aug. 2, have unearthed systemic challenges with the company’s mechanisms.
Companies with large pools of user data now need approval for listings abroad.
With an age of unfettered gains now coming to an abrupt end, investors are likely to be more cautious.
Jack Ma’s flagship e-commerce firm swung to a 5.5 billion yuan ($852 million) net loss after the company swallowed a $2.8 billion fine for monopolistic behavior imposed by Beijing.
Alibaba has agreed to a record $2.8 billion penalty from Beijing and vowed to change certain practices deemed anti-competitive.
A burgeoning e-commerce business could help the firm surpass its $250 billion valuation when it goes public.
China’s government has expanded its antitrust crackdown beyond Jack Ma’s technology empire, launching an investigation into suspected monopolistic practices by food-delivery behemoth Meituan. The State Administration for Market Regulation is looking into alleged abuses including forced exclusivity arrangements known as "pick one of two,” employing ...
The discord began after Jack Ma infamously rebuked "pawn shop” Chinese lenders, regulators who don’t get the internet and the "old men” of the global banking community.
