Activist investor Ryan Cohen likely to be in conflict with Beijing after taking on Alibaba group, the billionaire is popular among the meme crowd after he forced his way onto the GameStop board.

Activist investor Ryan Cohen likely to be in conflict with Beijing after taking on Alibaba group

In an attempt to extend its campaign to strengthen control over online content, China has acquired "golden shares" in tech firms Alibaba and Tencent, business registration records showed. More than five years ago, Beijing started acquiring these stakes—called the "golden shares"—in private online media companies. The stakes with special rights taken by China are usually about 1% of a firm.

China acquires ‘golden shares’ in tech firms Alibaba and Tencent for control on sector

Reports say Alibaba co-founder Jack Ma is hiding out in Tokyo along with his family. This comes after Xi Jinping blocked the IPO of Ma's Ant group and ordered Alibaba to sell off its media assets. Is Xi Jinping threatened by Ma's popularity? Listen in to Priyanka Sharma.

Gravitas | Reports: Jack Ma is hiding out in Tokyo

Jack Ma, the co-founder and former executive chairman of Alibaba Group, has been living with his family in Tokyo for almost six months, The Financial Times reported on Tuesday citing sources.

Chinese billionaire Jack Ma is living in Tokyo since Beijing's crackdown on technology sector: Report

Months after Uber cut its losses and jumped the ship, China's Alibaba Holding Ltd is also planning to sell its three per cent stake in Indian food delivery aggregator Zomato, according to multiple reports.

After Uber, Alibaba to sell three per cent stake in Zomato at discount: Reports

As Covid-19 curves and a worsening economic outlook stifled, Chinese e-commerce giant, has posted low digit rise in quarterly revenue but slightly below expectations and retail spending in China has sacked this year. Alongside government's zero-Covid policy have led to frequent snap lockdowns.

World Business Watch: Alibaba misses quarterly expectations; spending slows

Chinese e-commerce giant Alibaba on Thursday reported a loss of 20.6 billion yuan ($2.89 billion) for the third quarter, as the company grapples with an economic slowdown and an anti-monopoly crackdown.

Alibaba reports loss of $2.9 billion in third quarter

For the first time, since the start of the annual Singles Day shopping festival in 2009, the Alibaba group has not disclosed the final sales tally. They mentioned that the results were similar to year. However, the country's profit margins were expected to take a hit due to strict Covid-19 curbs.

China: Singles Day shopping fest sales ends low; Covid curbs likely to hit profit margins

For the past two years, China has been tightening its screws on the burgeoning tech sector. They have been restricting online video games, imposing multimillion dollar anti-trust fines on online shopping platforms and banning online tutoring agencies.

In China, dating apps flourish under watchful gaze of regulators. Here's why

It was last year this month that the Xi Jinping government in China started a crackdown on the gaming industry by describing video games as ‘spiritual opium’. A year on and China's biggest technology giant, Tencent Holdings is mulling venturing overseas.

Troubled by crackdown on gaming industry, Tencent mulls venturing overseas

Chinese technology giants have shared details of their prized algorithms with the country’s powerful cyberspace regulator. It comes as Beijing cracks down on Big Tech in the country. Molly Gambhir tells you more.

WION Fineprint: Chinese tech giants hand algorithm data to government

From Tencent Holdings Ltd. to ByteDance Ltd., China's internet behemoths have revealed details of their treasured algorithms to Beijing for the first time, an extraordinary move aimed at curtailing data misuse that may jeopardise highly guarded company secrets.

Alibaba, ByteDance share top secret algorithms to Chinese government for first time

Strict Covid-19 measures have started to bite China's tech firms now. E-commerce major Alibaba group has reported flat quarterly revenue growth for the first time in its history.

China: Alibaba revenue growth flatlines for first time

USA's Securities and Exchange Commission (SEC) has tightened the noose around Chinese tech behemoth Alibaba Group Holding Limited. Reportedly, Alibaba, on Friday, became the latest entrant into the list of Chinese companies that might be delisted by the Commission.

Jack Ma owned Alibaba added to the delisting watchlist by SEC

According to reports, Chinese authorities are preparing a system of intricate compliance methods to ensure their companies are not delisted by American regulators.

China planning new strategy to avoid US delistings: Report

Chinese ride-hailing company Didi Global is set to be fined more than one billion dollars by the Chinese financial regulators. The Cyberspace Administration of China (CAC) came down heavily upon the cab-sharing service last year, days after it had gone public with its IPO (Initial Public Offering) at the US Stock Exchange.

Didi Global fined $1 billion by Chinese regulators; Jinping's purge process of tech sector finally complete

The Wall Street Journal has reported that e-commerce giant Alibaba's executives, including Cloud vice president Chen Xuesong were hauled in by Chinese officials over a massive data heist.

Report says Alibaba's executives hauled in by Chinese officials over data heist

In a case that has cast a rare spotlight on workplace harassment in China, a former employee of Chinese e-commerce giant Alibaba has accused her then-manager of trying to rape her on a business trip last year.

Ex-boss should be charged with rape, says former Alibaba employee

A Chinese court has sentenced a man to 18 years in jail for sexually assaulting a female employee of Alibaba Group during a work trip. The court found Zhang Guo, a client of the Chinese e-commerce platform, guilty of intoxicating the woman, whose surname is Zhou, with alcohol and then forcing himself on her during a business dinner in July 2021.

Chinese man who sexually assaulted Alibaba employee sentenced to 18 years in jail

From Tesla to Peloton, companies slow hiring as US economy sputters

Sorry Shakespeare, all IS in name. At least USD 26 billion are. Jack Ma, the Chinese e-commerce tycoon may have suffered a tiny hiccup if he checked his net worth on Tuesday.

Random guy named Ma gets detained, Alibaba loses USD 26 billion

Netizens on Tuesday (May 3) claimed that the 'IT director' detained in China on charges of subversion of state and colluding with outside forces is billionaire Alibaba founder Jack Ma.

Netizens claim 'IT director' detained in China on charge of 'subversion of state' is Jack Ma

The US has included e-commerce sites operated by China's Tencent Holdings and Alibaba group holdings in the notorious markets list.

The US adds China's Tencent & Alibaba sites in the notorious markets list

E-commerce sites operated by China's Tencent Holdings Ltd and Alibaba Group Holding Ltd have been included on the US government's latest "notorious markets" list.

US adds e-commerce sites operated by Tencent, Alibaba to 'notorious markets' list for counterfeit

alibaba

Alibaba, News on Alibaba, stories on Alibaba, articles on Alibaba, Alibaba stories at Wion, Alibaba news, Alibaba latest news