The company, owned by billionaire Jack Ma, one of China’s most successful entrepreneurs, has been accused of abusing its dominant market position for several years. Photo: Reuters/Thomas Peter Online retail giant Alibaba Group Holding ( BABA ) received a record $2.75bn (£2bn) fine on Saturday from Chinese regulators for anti-monopoly violations.…
This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.