Global investors flee from Chinese tech stocks after the government crackdown on Ant and Alibaba –

Global investors are running from Chinese tech stocks in the wake of the government’s crackdown on Ant Group and Alibaba, two high-flying businesses founded by Ma Yun (Jack Ma) that … Read More

Chinese online education app Zuoyebang raises $1.6 billion from investors including Alibaba –

The rivalry between China’s top online learning apps has become even more intense this year because of the COVID-19 pandemic. The latest company to score a significant funding round is … Read More

China’s e-commerce titan Alibaba hit with antitrust probe –

China’s top market watchdog has begun a probe into Alibaba over alleged anti-competition practices at the e-commerce firm, the latest of Beijing’s efforts to curb the country’s ever-expanding internet titans. … Read More

Alibaba ‘dismayed’ by its cloud unit’s ethnicity detection algorithm –

Chinese tech giants have drawn international criticism after research showed they have technologies that enable the authorities to profile Muslim Uyghurs. The cloud computing unit of Alibaba, Alibaba Cloud, developed … Read More

China fines Alibaba, Tencent’s e-book subsidiary over anti-trust violations –

The Chinese government is moving to curb the power of some of China’s most influential internet companies. The country’s top market regulator announced Monday that it is fining Alibaba and … Read More