Alibaba Faces $2.8 Billion Fine From Chinese Regulators


Tech giant Alibaba's being fined $2.8 billion for what Beijing calls monopolistic behavior, NPR's Emily Fang says the fine comes is Chinese leaders reportedly are investigating how the company and its charismatic founder Became so powerful Alibaba's troubles really began after its founder, Jack Ma, I'll give a speech criticizing Chinese financial regulators from Muslim on Turner's like him. The I. P O of a second company of financial technology firm called Aunt Group was then abruptly canceled, and his executives called into meetings with regulators. Ma has now not been seen in the public eye since last October.

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