China fines e-commerce giant Alibaba a record £2bn
China fines e-commerce giant Alibaba a record £2bn for abusing its dominant market position for years – one month after its billionaire founder Jack Ma lost his title as China’s richest man China fines Alibaba with £2billion fine which is about 4% of group’s revenues Comes amid a crackdown on technology conglomerates by the Chinese state Billionaire founder Jack Ma’s […]
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