Alibaba laysoff nearly 10,000 in three months

Aug 11, 2022

Beijing [China], August 11 : Chinese e-commerce giant Alibaba Group Holding Ltd. has fired around 10,000 employees. during the June quarter, various media reported.

Alibaba exits India - sells its entire stake holding in Paytm

Feb 10, 2023

With this sale, Alibaba is no longer a stakeholder in Paytm. The company had sold around 3.1 per cent of 6.26 per cent equity...

China slaps record $2.8 billion fine on Alibaba after antitrust probe

Apr 10, 2021

Hong Kong, April 10 : Chinese regulators on Saturday slapped a record fine of 18.2 billion yuan (2.8 billion dollars) on e-commerce giant Alibaba...

Alibaba's Jack Ma resurfaces after months out of public view

Jan 20, 2021

Beijing [China], January 20 : Chinese billionaire Jack Ma, suspected to be missing following Beijing's aggressive crackdown on Alibaba Group, resurfaced on Wednesday.

China lectures big tech firms, says 'learn from Alibaba'

Apr 15, 2021

Beijing [China], April 15 : After imposing a 2.8 billion dollar fine on e-commerce giant Alibaba, regulators in China have lectured the country's largest...

Alibaba Group in dilemma whether to retain control of individual businesses after IPOs

Apr 01, 2023

According to Nikkei Asia, this comes as the first indication since the company announced its structural overhaul that it could give up control of...