#Alibaba

Beijing, Jun 16 (PTI) Jack Ma, the Chinese billionaire and founder of e-commerce giant Alibaba, who last year ran into trouble with the Chinese government is keeping a low profile and has taken ...

.Beijing, China
Alibaba has faced special scrutiny after co-founder Jack Ma publicly criticized Chinese regulators in October (Photo Credit: Twitter/@JackMa)

  • Alibaba's  stock price jumped nearly 9% to as high as HK$237.60 in Hong Kong on Monday morning
  • Tencent went down 1%, JD.com lost 2% and NetEase went 1% lower
  • Regulators penalised Alibaba with after a months-long probe 

.Beijing, China
Alibaba is headed by the country’s top billionaire Jack Ma. (Photo Credit: Twitter)

  • China's State Administration for Market Regulation slapped a record fine of $2.78 billion on Alibaba Group
  • It said that it had made an administrative penalty decision under China's anti-monopoly law
  • It ordered Alibaba Group to stop illegal activities and imposed a fine of 4% on its 2019 domestic sales of 455.71 billion yuan

Beijing, Apr 10 (PTI) China's antitrust regulators on Saturday slapped a record fine of USD 2.78 billion on Alibaba Group, the world's biggest e-commerce company, for abusing its dominant market ...

.Beijing, China
Jack Ma's company Alibaba has been fined by China for market abuse. (Photo Credit: Twitter/@JackMa)

  • Alibaba is the world's biggest online commerce company
  • The regulators decided to fine 4% of Alibaba's 2019 sales of 455.7 billion yuan
  • Alibaba has been under questioning since last october

.Beijing Shi, Beijing, China
China on Friday denied that it was planning to hit e-commerce giant Alibaba with a record fine of almost $1 billion.(Photo credit: PTI)

  • Alibaba is China's largest online shopping portal
  • The company has been in the crosshairs of authorities in recent months
  • 12 other tech firms were hit with symbolic fines for allegedly flouting monopoly rules

.Hainan, China
Jack Ma was last seen speaking to educators from rural regions. (Photo credit: AP/PTI)

  • Jack Ma is reportedly spending his time in the Chinese island of Hainan
  • Speculation ran high for months regarding his business being clamped down upon or him facing jail time
  • The billionaire stepped down as the executive chairman of Alibaba in 2019 

.Beijing, China
Chinese entrepreneur Jack Ma didn't feature in the list by Shanghai Securities News. (Picture credit: Twitter/Jack Ma)

  • List featured Tencent's Pony Ma, Xiaomi's Lei Jun and Huawei's Ren Zhengfei 
  • "They have breathed new life into China's economic reforms," the newspaper wrote
  • Jack Ma resurfaced last month after his disappearance from the public eye late last year

The disappearance of Jack Ma from the public eye set tongues wagging on his whereabouts. (Photo credit: AP/PTI)

  • Alibaba founder Jack Ma had disappeared from piblic eye after he was hauled by Chinese regulators
  • Ending weeks of speculations, Ma was seen addressing rural teachers in an online conference
  • Seeing the billionaire back in action, shares in Alibaba soared 8.5% to HK$265.00 in Hong Kong

.Beijing, China
Jack Ma had criticised the Jinping's government's financial regulators. (Photo Credit: Twitter/@JackMa)

  • Jack Ma addressed village teachers in an online conference
  • His appearance comes as Beijing investigates into online finance titan Ant Group Co. and Alibaba Group Holding Ltd
  • Chinese regulators torpedoed Ant's $35 billion IPO and tightened fintech regulations