China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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1,796 articles matching the search query.
Alibaba plans to raise up to $8bn in dollar bond sale
Deal comes at delicate time for group but could be one of biggest for Chinese corporate debt market
China fines JD.Com, Alibaba's Tmall, Vipshop for irregular pricing
China's market regulator said on Wednesday it has fined JD.Com Inc, Alibaba's Tmall and Vipshop 500,000 yuan ($76,657) each for irregular pricing.
Jack Ma Has Lost $11 Billion in Two Months on China Scrutiny
Jack Ma’s net worth has tumbled by almost $11 billion since the end of October as China stepped up scrutiny of his empire and the country’s tech behemoths.
WSJ News Exclusive | China Eyes Shrinking Jack Ma’s Business Empire
Beijing could potentially take a larger stake in Mr. Ma’s businesses, as regulators zero in on the billionaire in a campaign to strengthen oversight of an increasingly influential tech sphere.
Global investors flee from Chinese tech stocks after the government crackdown on Ant and Alibaba
Global investors are running from Chinese tech stocks in the wake of the government’s crackdown on Ant Group and Alibaba, two high-flying businesses founded by Ma Yun (Jack Ma) that were once hailed as paragons of China’s new tech elite. Shares of major technology companies in the country have fallen sharply in recent days, with […]
Alibaba Shares Tumble Again After Beijing Tightens Screws on Ant Group
Alibaba has erased almost all its stock-market gains this year, just days after Chinese regulators signaled a major change in their posture toward the e-commerce behemoth and its finance affiliate, Ant Group.
Chinese online education app Zuoyebang raises $1.6 billion from investors including Alibaba
The rivalry between China’s top online learning apps has become even more intense this year because of the COVID-19 pandemic. The latest company to score a significant funding round is Zuoyebang, which announced today (link in Chinese) that it has raised a $1.6 billion Series E+ from investors including Alibaba Group. Other participants included returning […]
Alibaba Probe Stirs Worry About What’s Next for Chinese Tech
Alibaba Group Holding Ltd. led a second day of frenetic selling among China’s largest tech firms, driven by fears that antitrust scrutiny will spread beyond Jack Ma’s internet empire and engulf the country’s most powerful corporations.
China Tells Ant Group to Refocus on Its Payments Business
Chinese financial regulators moved to rein in Ant Group, the financial-technology giant controlled by billionaire Jack Ma, telling it to switch its focus back to its mainstay payments business and rectify problems in faster-growing areas.
Have some business owners been reluctant to participate in pilot programmes?
China’s central bank ramps up engagement in latest digital sovereign currency programme, and merchants who were reluctant to participate are seeing how convenient the payment system can be after just a couple of weeks of use.
Beijing launches antitrust investigation into Alibaba
Probe into China’s biggest tech group is one of the first of its kind for country’s internet sector
WSJ News Exclusive | Jack Ma Makes Ant Offer to Placate Chinese Regulators
The offer appeared a mea culpa of sorts from the Chinese billionaire as he found himself face to face with officials from China’s central bank and agencies overseeing securities, banking and insurance.
Alibaba offered clients facial recognition to identify Uighur people, report reveals
Software could be used to identify videos filmed and uploaded by Uighur person, says IPVM
Alibaba facial recognition tech specifically picks out Uighur minority - report
Technology giant Alibaba Group Holding Ltd has facial recognition technology which can specifically pick out members of China's Uighur minority, surveillance industry researcher IPVM said in a report.
China's Alibaba pushed software to help firms identify Uighurs through facial features - report | Hong Kong Free Press HKFP
China tech giant Alibaba offered face-recognition software that could enable users to identify Uighurs, a report said, making it the latest Chinese company embroiled in the country’s controversial treatment of the Muslim minority. Alibaba’s website for its cloud-computing business showed how clients could use the software to detect the facial features of Uighurs and other ethnic […]
Analysis: Xi sees Alibaba and Tencent as rising threats to power
Politburo goes on crusade against 'disorderly expansion of capital'
As China Tracked Muslims, Alibaba Showed Customers How They Could, Too
The website for the tech titan’s cloud business described facial recognition software that could detect members of a minority group whose persecution has drawn international condemnation.
Ant’s chairman lays out rehabilitation plan after ‘body check-up’
The Shanghai Stock Exchange pulled Ant Group’s IPO on November 3, halting what would have been the world’s largest-ever listing. Chinese regulators unleashed a torrent of new rules soon afterwards designed to bring the entrepreneurial Chinese fintech sector to heel.
Robinhood Is Losing Thousands of Day Traders to China-Owned Webull
Webull offers free trades and has picked up users after outages at Robinhood this year.
How Alibaba and JD.com compare in their healthcare endeavors
China’s tech circle is shifting its attention to online healthcare this week as JD Health is set to go public in one of Hong Kong’s largest IPOs this year. Like Amazon, China’s e-commerce firms Alibaba and JD.com have been working to conquer the massive healthcare industry. The offerings are wide-ranging, reaching everything from around-the-clock delivery […]
