Alibaba and Tencent stocks plunge after latest fines by Chinese regulatorsEcommerce giant Alibaba's shares in Hong Kong fell 6.8%, while gaming and social media company Tencent Holdings sank 3.2%. The Hang Seng in...
11 Jul, 2022, 01.10 PM IST
Alibaba, Tencent fined for disclosure violations in ChinaThe State Admnistration for Market Regulation (SAMR) released a list of 28 deals that violated the rules. Five involved units of Alibaba, i...
10 Jul, 2022, 10.25 AM IST
China's market regulator fines Alibaba, Tencent for failing to report dealsAccording to public filings, China's State Administration for Market Regulation (SAMR) placed penalties of 500,000 yuan ($78,692) on the co...
05 Jan, 2022, 09.40 AM IST
China fines tech giants over anti-monopoly violationsBeijing has launched anti-monopoly, data security and other crackdowns on tech companies since late 2020.
20 Nov, 2021, 10.46 PM IST
Alibaba apps start offering WeChat Pay option after government ordersEarlier this month, the ministry of industry and information technology said it had asked internet companies to end a long-standing practic...
28 Sep, 2021, 11.18 AM IST
China regulator bars Tencent from exclusive rights in online musicThe Chinese government has been stepping up antitrust actions in recent months against the country's large tech companies, including a reco...
25 Jul, 2021, 06.57 PM IST
China fines tech giants for content exploiting childrenPlatforms including Alibaba's e-commerce marketplace Taobao, Tencent's QQ messaging service, live-streaming site Kuaishou, microblogging pl...
21 Jul, 2021, 03.50 PM IST
China authorities name 105 apps for improper data practicesThe Cyberspace Administration of China (CAC) said that the 105 apps violated laws by excessively collecting and illegally accessing users' ...
21 May, 2021, 05.18 PM IST
China readies sizeable penalty for Tencent in sweeping antitrust crackdown, say sourcesTencent faces penalties for not properly reporting past acquisitions and investments for antitrust reviews, an offence with a fine capped a...
29 Apr, 2021, 11.02 AM IST
Timeline: Events leading up to China's $2.75 billion fine on AlibabaAlibaba has come under intense scrutiny in China since its billionaire founder Jack Ma's stinging public criticism of the country's regulat...
12 Apr, 2021, 01.54 PM IST
Timeline: Events leading up to China's $2.75 billion fine on AlibabaThe Alibaba business empire has come under intense scrutiny in China since its billionaire founder Jack Ma's stinging public criticism of t...
10 Apr, 2021, 01.17 PM IST
Big tech firms concerned over antitrust scrutiny in ChinaAlibaba found itself in the centre of the regulatory storm in December last year as China's market watchdog launched an investigation of th...
04 Apr, 2021, 05.44 PM IST
China denies plan for $1 billion Alibaba fine, but tech firms take a blowAlibaba, China's largest online shopping portal, has been in the crosshairs of authorities in recent months over concerns of its reach into...
12 Mar, 2021, 04.27 PM IST
Tencent faces broad China clampdown on Fintech, DealsAsia’s largest conglomerate was censured by China’s antitrust watchdog on Friday as Beijing expands a crackdown that began with Jack Ma’s o...
12 Mar, 2021, 02.24 PM IST
China fines Alibaba, Tencent for failing to report past deals to anti-trust regulatorsThe State Administration of Market Regulation said in a statement that it had taken the decision after reviewing deals the firms were invol...
14 Dec, 2020, 12.04 PM IST
China’s BATs ready to dethrone US FAANG? Options suggest soWhen it comes to growth in mobile commerce, options prices suggest that the BATs have the FAANGs licked.
26 Aug, 2017, 10.16 AM IST
Uber’s quest to win over China faces WeChat hurdleWeChat has become an important promotional tool for companies trying to reach affluent Chinese.
26 Aug, 2015, 04.47 AM IST