Page 4 - Alibaba

Prosecutors drop sexual assault case against Alibaba manager

Chinese prosecutors have dropped a case against a former Alibaba manager accused by a female colleague of sexual assault, weeks after the case caused a backlash against the e-commerce firm

Alibaba promises $15.5 billion for anti-poverty work in China

E-commerce giant Alibaba Group said it will spend $15.5 bn to support President Xi Jinping's campaign to spread China's prosperity more evenly

China orders ride-hailing firms Meituan, Didi to fix misconduct by year-end

The regulators criticized them for disrupting fair competition and hurting the interests of drivers and passengers, according to a statement published Thursday

Chinese state firms to take big stake in Ant's credit-scoring JV

The plan would represent one of the most prominent outcomes of a govt push for state-backed firms to exert more control and influence

China threatens to ban e-commerce companies that flout IP laws

E-commerce platforms will be restricted from online business operations or even have their licenses revoked if they fail to deal with serious violations of IP rights by vendors on their platforms

Alibaba fires 10 staffers for leaking sexual assault accusations

Alibaba announced internally last week it fired the group for sharing a harrowing account posted on an internal forum by a colleague surnamed Zhou, who accused a former manager of rape

China investigates top government official of Alibaba's home city

Hangzhou Municipal Party Committee Secretary Zhou Jiangyong, 53, has been placed under investigation for serious violations of party discipline and state law

China expands power in cyberspace with new rules on digital platforms

TSMC overtakes Tencent to become Asia's most valuable company; Alibaba at record low in HK

China's new regulation blueprint signals its crackdown will go on for years

The document said authorities would "actively" work on legislation in areas including national security, technology and monopolies

Alibaba worker's desperate plea for help sparks #MeToo reckoning

The People's Daily, a mouthpiece for China's ruling Communist Party, has highlighted the incident as an example of why companies must pay more attention to culture the larger they grow

China anti-graft body criticizes business drinking after Alibaba scandal

On Sunday, a female Alibaba staffer alleged that she was sexually assaulted by her manager and a client while on a business trip.

Fired, will never be rehired: Alibaba on manager accused of sexual assault

Two executives who mishandled allegation have also resigned

China's Alibaba fires manager accused of sexually assaulting employee

SHANGHAI (Reuters) -Chinese e-commerce giant Alibaba Group Holding Ltd has fired a manager who allegedly sexually assaulted a female employee and will establish policies to prevent sexual harassment, Chief Executive Daniel Zhang said on Monday.

Rocked by sexual assault claim, Alibaba starts probe, suspends staff

Chinese e-commerce giant Alibaba Group said it has suspended several staff following an employee's allegations on the company's intranet that she was sexually assaulted by her boss and a client

China set to impose $1-billion fine on Meituan over antitrust issues

Firm asked to revamp operations and end exclusivity pacts with some merchants

Tencent boss Pony Ma loses $14 billion in crackdown, more than Jack Ma

While Pony has long had a reputation for staying out of the limelight, that hasn't shielded his company from penalties including antitrust fines and the loss of exclusive music streaming rights

Ant Group's profit falls 37% to $2.1 billion after regulatory setbacks

Billionaire Jack Ma's fintech giant contributed nearly 4.5 billion yuan ($696 million) to Alibaba Group Holding Ltd.'s earnings, a company filing showed Tuesday

Alibaba misses revenue estimates in Q1 as e-commerce growth slows

Core commerce revenue for Alibaba rose about 35% to 180.24 billion yuan in the quarter, compared with estimates of 184.23 billion yuan.

Alibaba, others explore bids for Unisplendour stake worth up to $7.7 bn

Alibaba Group Holding Ltd and Chinese state-backed firms are exploring bids for a stake in Unisplendour Corp, a cloud computing infrastructure firm, that could fetch as much as $7.7 billion

China fines internet giants Alibaba, Tencent in anti-monopoly cases

This is new move to tighten control over their fast-developing industries.