On Valentine’s Day in 2015, two of China’s biggest ride-hailing start-ups, one backed by the tech giant Alibaba and the other by Tencent, announced they would merge after burning through […]
Alibaba Group Holding Ltd
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Back to news homeJack Ma, Ant Group Founder, Will Relinquish Control
One of China’s most influential financial tech companies, Ant Group, said on Saturday that the billionaire entrepreneur, Jack Ma, planned to relinquish control of the company.Mr. Ma’s retreat from the […]
Alibaba Dismisses Employee Who Accused Her Boss of Rape
In the video she posted on the company’s internal website, she accused her boss, identified in media reports by his surname, Wang, of attacking her in a hotel in the […]
A Game Designer in Beijing Bought Toy Guns. China Imprisoned Him.
China’s strong gun controls mean that fatal shootings are rare, and many citizens support the laws to keep it that way. But there has been a growing debate over the […]
Alibaba Downplays Singles Day for a Tense Time in China
Singles Day used to be the biggest, most unabashed celebration of consumerism on earth: a 24-hour online retail extravaganza, kicking off with a confetti-filled gala and culminating in stupendous piles […]
China Fines Meituan $530 Million in Second Tech Antitrust Case
China fined the food-delivery giant Meituan $530 million for antitrust violations on Friday, the second major penalty this year in Beijing’s efforts to bring the country’s big internet companies to […]
The End of a ‘Gilded Age’: China Is Bringing Business to Heel
Chinese tech companies are reeling from regulation. Nervous creditors are hoping for a bailout for China’s largest developer. Growing numbers of executives are going to jail. An entire industry is […]
Alibaba Faces Reckoning Over Harassment
At an employee dinner, women were told to rank the attractiveness of the men at the table. During a team-building exercise, a woman was pressured to straddle her male co-worker […]
Alibaba Rape Allegation Reveals China Tech’s Seamy Side
For years, as Alibaba turned from a scrappy Chinese start-up into an e-commerce behemoth, some of its business units welcomed new employees with an ice-breaking ceremony that alarmed many of […]
Alibaba Will Fire Employee After Rape Accusation
The latest accusations come at a tense time for Alibaba, which has come under scrutiny by the Chinese government. In April, the company, founded by Jack Ma, was fined a […]