Alibaba Stock News

New Delhi, Nov 20 (IANS) Chinas market regulator on Saturday fined tech giants Alibaba, Baidu, Tencent and e-commerce platform JD.com Inc and Suning for violating the countrys anti-monopoly rules in 34 mergers and acquisitions (M&A) deals which they failed to declare illegal implementation of operating concentration, marking the latest move in the nations fight against [] The post Alibaba, Tencent fined in China crackdown appeared first on Buziness Bytes .

Chinas market regulator on Saturday said it was fining companies including Alibaba, Baidu and JD.com for failing to declare 43 deals that date as far back as 2012 to authorities, saying that they violated anti-monopoly legislation. Enterprises involved in the cases would be fined 500,000 yuan ($78,000) each, it said, the maximum under Chinas 2008 []

Alibaba Group Holding Limited (NYSE:BABA)s stock price gapped down prior to trading on Thursday after Truist Securities lowered their price target on the stock from $230.00 to $200.00. The stock had previously closed at $161.58, but opened at $154.51. Truist Securities currently has a buy rating on the stock. Alibaba Group shares last traded at []

China''s state market regulator said it was fining e-commerce giant Alibaba, along with other Big Tech majors including Baidu andJD.com,over violations of the country''s anti-monopoly legislation. The State Administration for Market Regulation (SAMR) slapped fines of $78,300 on each corporation, saying they failed to declare 43 deals, dating back to 2012, to the proper authorities. The list o

China has fined tech companies including Alibaba and Tencent millions of dollars over breaches to the ruling communist party''s anti-monopoly regulations.

Chinas state market regulator said it was fining e-commerce giant Alibaba, along with other Big Tech majors including Baidu and JD.com, over violations of the countrys anti-monopoly legislation. Read Full Article at RT.com

The Chinese market regulator has fined top tech companies in the country Alibaba, Baidu, and JD.com for violating anti-monopoly legislation. The regulator said that these companies had failed to report important business deals in the past years, thus violating the law. Though their deals havent impacted the market competition, the market regulator fined 500,000 [] The post Alibaba, Baidu and JD Fined 500,000 Yuan For Market Law Violation appeared first on TechDator .

With several warnings of slower growth in shares, the tech giant Alibaba has warned of weaker growth as china economy slows while Beijing continues its regulatory crackdown. Alibaba (BABA) dropped 10.7%, the steepest decline since its listing in the city in November 2019. The fall in Hong Kong followed a similar plunge Thursday in its share price on Wall []

China''s market regulator has fined tech giants including Alibaba Group and Tencent Holdings for failing to report corporate acquisitions

China''s market regulator on Saturday said it was fining companies including Alibaba, Baidu and JD.com for failing to declare 43 deals that date as far back as 2012 to authorities, saying that they violated anti-monopoly legislation.

WeeklyStudy Investors will only experience 22% growth instead of the promised 29%. Beijings blitz of tech regulation has hit Alibabas Continue reading on Medium »

Alibaba Group (NYSE:BABA) posted its quarterly earnings data on Wednesday. The specialty retailer reported $11.20 EPS for the quarter, beating analysts consensus estimates of $1.46 by $9.74, MarketWatch Earnings reports. The company had revenue of $200.69 billion for the quarter, compared to analyst estimates of $204.97 billion. Alibaba Group had a net margin of 19.25% []

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