Chinese market regulator has imposed a fine on the two tech companies as a part of its crackdown on monopolistic practices. It has also released a list of deals that violated the rules
Didi Global fell for the third consecutive session on Wednesday after China ordered the app removed from mobile app stores as part of a broader crackdown on China-based companies with overseas listing
Tencent raised $6 billion in May last year and issued 40-year debt for the first time
(Reuters) - Alibaba Group Holdings <9988.HK> said on Monday it will invest $3.6 billion to boost its stake in hypermarket operator Sun Art Retail Group Ltd <6808.HK>, gaining further ground in China's booming retail market.
Alibaba Group Holding now dominates Chinese digital advertising but investors are betting part of Tencent's future growth will stem from social media marketing