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Alibaba does not expect material impact after market abuse fine, shares rise

Shares in Alibaba Group Holdings Ltd rose as much as 9% in Hong Kong trade as a key source of uncertainty for the company was removed, and on relief the fine and steps ordered were not more onerous

New yorkUnited statesHong kongElina choiDaniel zhangSundar pichaiJoe tsaiJack maMoody investors serviceAlibaba group holdings ltdAdministration for market regulationSun hung kaiState administrationMarket regulationSenior vice presidentAli baba

Alibaba says does not expect material impact from antitrust fine, shares rally

China's Alibaba does not expect any material impact from changes to its exclusivity arrangements with merchants, CEO Daniel Zhang said on Monday, after regulators fined the e-commerce giant a record $2.75 billion for abusing its market dominance.

New yorkUnited statesHong kongScott murdochJoe tsaiJack maAndrew galbraithElina choiDaniel zhangYilei sunJosh horwitzThomson reuters trust principlesMoody investors serviceAlibaba group holdings ltdAdministration for market regulationSun hung kai

Alibaba says it does not expect any material impact from regulatory action in China

Alibaba executives said despite the record $2.75b fine, they remain confident in the government's overall support of the company.

New yorkUnited statesHong kongElina choiDaniel zhangJoe tsaiJack maMoody investors serviceAlibaba group holdings ltdAdministration for market regulationSun hung kaiState administrationMarket regulationSenior vice presidentபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்

Alibaba Says Lower Entry Barriers After Record Antitrust Fine, Shares Rally

China's Alibaba does not expect any material impact from changes to its exclusivity arrangements with merchants, CEO Daniel Zhang said on Monday, after regulators fined the e-commerce giant a record $2.75 billion for abusing its market dominance.

New yorkUnited statesHong kongElina choiDaniel zhangJoe tsaiJack maMoody investors serviceAlibaba group holdings ltdAdministration for market regulationAlibaba as shares rallySun hung kaiState administrationMarket regulationSenior vice presidentAli baba

Alibaba shrugs off $2 75 billion antitrust fine, shares rally - Netscape Money & Business

Alibaba shrugs off $2 75 billion antitrust fine, shares rally - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesHong kongRoss kerberScott murdochDonny kwokJoe tsaiFranklin chuJack maHimani sarkarAndrew galbraithElina choiDaniel zhangYilei sunJosh horwitzMoody investors service