Alibaba fined $2.75bn on monopoly charge in China

The penalty, equivalent to around 4% of Alibaba's revenues in 2019, comes amid an unprecedented regulatory crackdown on the home-grown technology conglomerates in the last few months that have weighed on company shares.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3mBEqSd
via IFTTT