2021-04-10 · Alibaba, China's e-commerce giant, hit with record fine over antitrust. China's State Administration for Market Regulation doles out a $2.75 billion penalty to the company founded by Jack Ma.
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The 18.2 billion yuan penalty was based Alibaba shares rise 6% in U.S. premarket trading after $2.8 billion anti-monopoly fine Published Sun, Apr 11 2021 9:52 PM EDT Updated Mon, Apr 12 2021 4:32 AM EDT Arjun Kharpal @ArjunKharpal 2021-04-10 2021-04-10 2 days ago 2021-04-10 2021-04-10 2021-04-10 1 day ago 2021-04-10 1 day ago Analysts said the fine alone would not significantly affect Alibaba’s operations. It had $48bn of cash on its balance sheet at the end of 2020 and earned $24bn in net profit last year. 2021-04-10 2021-04-10 2021-04-10 Alibaba shares rose sharply on Monday after the ecommerce group controlled by billionaire Jack Ma said a record $2.8bn fine at the weekend marked the end of an antitrust investigation into the 2 days ago (Bloomberg) -- Alibaba Group Holding Ltd. said that it’s unaware of any other probes by China’s antitrust regulator after the e-commerce giant was slapped with a record fine for its business 1 day ago 1 day ago 1 day ago 2021-03-12 1 day ago 2 days ago 2 days ago 2021-04-11 2 days ago 2021-04-10 2 days ago 1 day ago 2021-04-10 2021-04-10 2 days ago 2 days ago 2 days ago 2021-04-10 2021-04-10 2 days ago 11 hours ago Find quality Manufacturers, Suppliers, Exporters, Importers, Buyers, Wholesalers, Products and Trade Leads from our award-winning International Trade Site. Import & Export on alibaba.com 1 day ago 2021-04-10 2021-04-10 1 day ago 2 days ago 2 days ago 2021-04-10 2 days ago 2021-04-10 · China has ordered Alibaba to pay a record fine of 18.2 billion yuan ($2.8 billion) after antitrust regulators concluded that the online shopping giant had been behaving like a monopoly.
The. 2 days ago Alibaba shares jump after record antitrust fine Alibaba shares rose sharply on Monday after the ecommerce group founded by billionaire Jack China eyes record monopoly fine of $1 billion for Alibaba: Report. The penalty could top the $975 million paid by US chipmaker Qualcomm in 2015 -- the biggest 2 days ago Alibaba does not expect any material impact from the antitrust crackdown in and on relief the fine and steps ordered were not more onerous. 12 Mar 2021 China is considering imposing a record fine of nearly $1 billion on e-commerce giant Alibaba for allegedly flouting monopoly rules, according to 2 days ago China on Saturday imposed a record 18 billion yuan (USD 2.75 billion) fine on Alibaba amid a crackdown on technology conglomerates, 12 Mar 2021 China denies plan for $1 billion Alibaba fine, but tech firms take a blow China denied on Friday it was planning to hit e-commerce giant Alibaba 1 day ago China's market regulators imposed the fine on Alibaba, worth 4% of its domestic revenues in 2019, for restricting merchants that use its website 3 days ago The fine stems from an anti-monopoly investigation of China's Alibaba Group Holding , known as the world's largest e-commerce company and 14 Dec 2020 In a statement, China's State Administration for Market Regulation said Monday that it fined Alibaba 500,000 yuan (US$76,500) for increasing its 1 day ago Joe Tsai, Alibaba Group's co-founder and executive vice chairman, told investors on Monday that the company will not appeal the 18.2 billion 2 days ago Read more about Fine, thank you, says Alibaba Group after China's $2.8-billion penalty on Business-standard. It's a sign of how odd China's 2 days ago Regulators slapped a $2.8bn fine after a probe determined that it had abused its market position for years. The fine amounts to about 4% of the 4 days ago China fines Alibaba record $3.69 billion for anti-monopoly violations · Read and win!
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2021-04-10 · Chinese authorities have slapped Alibaba with a $2.8 billion fine after finishing an anti—trust investigation that looked into alleged monopolistic practices. The State Administration for Market
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Chinese regulators hit Alibaba with a 18.23 billion yuan ($2.8 billion) fine in its anti-monopoly investigation of the tech giant, saying it abused its market dominance.
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2021-04-10 · Alibaba was fined for “abusing its dominant position” to limit competition by retailers that use its platforms and hindering “free circulation” of goods, the State Administration for Market Regulation announced. It said the fine was equal to 4% of its total 2019 sales of 455.712 billion yuan ($69.5 billion).
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